Bandhan Bank reaches the milestone of 3 crore customers

Bandhan Bank has reached the milestone of 3 crore customers, with a total business of Rs. 2.17 lakh crore on March 31, 2023. Loan book grew 10%, deposits grew 12%, and retail loanbook grew by 232 %. CASA Ratio was 39.3%. Deposit book now stands at Rs.1.08 lakh crore.

The current account and savings account (CASA) ratio is 39.3% of the overall deposit book, and advances are now at Rs.1.09 lakh crores.

Capital Adequacy Ratio (CAR) is 19.8%, and the Bank is expanding its presence outside of the core markets. New business streams such as Commercial Vehicle Lending, Loans against Property for Business, and Government Business Operations will add to the top line and bottom line.

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