Bandhan Bank Limited – Q4FY24 Business Update

Bandhan Bank Limited – Q4FY24 Business Update

Bandhan Bank Limited has announced the information with respect to the Bank’s Deposits, Advances and others for the quarter/year ended March 31, 2024:*Loans & Advances as on December 31, 2023 is after reducing NPA portfolio sale to ARC amounting to ₹ 720 crore.**Loans & Advances includes short-term loans against Fixed Deposit amounting to ₹ 2,151 crore. Adjusting for the same, the year-on-year loans and advances growth will be 20.2%.LCR as on March 31, 2024 stands at ~ 172%Collection efficiencyPan Bank Collection Efficiency (Excluding NPA)Please note that the numbers mentioned above, as on March 31, 2024, are provisional unaudited numbers and are subject to review /…
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