
Monthly Update4 Apr 2024, 09:24 pm
Bandhan Bank's Q1 2024-25 Highlights: Loans & Advances Grow by 17.8% YoY, Deposits Up by 25.1% YoY, and eLCR at 172%
AI Summary
Bandhan Bank has announced its financial performance for the quarter ended March 31, 2024. The bank reported a growth of 17.8% in loans and advances year-over-year, and a 25.1% increase in total deposits compared to the previous year. The bank's eLCR stands at 172%. The bank also reported improvement in various financial ratios like CASA Ratio and CD Ratio.
Key Highlights
- Loans & Advances grew by 17.8% YoY to 128,572 crores
- Total Deposits increased by 25.1% YoY to 135,198 crores
- eLCR remained steady at 172%
- CASA Deposits grew by 18.1% YoY
- Retail Deposits increased by 21.9% YoY