Bandhan Bank Ltd News Today

Total deposits increased 11.8% YoY to ₹1.51 lakh crore, compared to 7.2% growth sequentially in the last quarter.

The company said that the disallowances of some expenditures and deductions that the bank claimed under various income tax provisions.

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This quarter had Gross NPA at 4.7% after 7% during Q3 FY24, with much better management of its asset quality.

The appointment will be finalised after receiving approval from the bank's Nomination and Remuneration Committee.

While total deposits increased to ₹1,42,511 crore, the bank's loans and advances were at ₹1,30,652 crore.

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The bank's total deposits fell by 1.5% compared to ₹1,35,202 Crore recorded in the quarter ended March 31, 2024.