Non-public lender Bandhan Financial institution on Tuesday shared its enterprise replace for the three months ended March quarter and monetary 12 months 2021-22, in line with an alternate submitting.
The lender’s loans and advances stood at ₹1.01 lakh crore as of 31 March, 2022, up 16% year-on-year and 15% quarter-on-quarter. The identical was ₹87,043 crore in the identical interval final 12 months and ₹87,998 crore on the finish of December quarter.
The general assortment effectivity ratio (CER) of personal lender Bandhan Financial institution stood at 96% on the finish of economic 12 months 2021-22, in opposition to 93% within the previous third quarter, the financial institution stated in an announcement on Tuesday.
The overall deposits elevated 24% year-on-year to ₹96,331 crore on the finish of final quarter on 2021-22.
CASA (Present Account Financial savings Account) deposits elevated 18 per cent year-on-year to ₹40,072 crore whereas retail deposits stood at 77% of complete deposits, the assertion added.
CER of the micro-credit vertical elevated 95% within the final quarter of FY22, up from 91 per cent within the third quarter of final fiscal.
On Tuesday, Bandhan Financial institution shares closed 1.0% decrease at ₹315 apiece on NSE.
Supply: Live Mint