Latest Articles by Avinash Ram

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Bandhan Bank PAT: Q1 dropped 19% YoY to $721 million

The PAT and NII of Bandhan Bank decreased by 18.66% YoY to 721.05 crore and 2,490.8 crore, respectively, in the first quarter of FY24. While the loan portfolio increased by 6.7% YoY to $1.03 lakh crore, deposits increased by 16.6% YoY to $1.08 lakh crore. The GNPA increased to 6.76%, and the net NPAs were at 2.18%.

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