Bandhan Bank has reported a notable 22% increase in total business, reaching Rs.2.59 lakh crore for Q1 FY25. The bank’s deposit base surged by 23% year-on-year to Rs.1.33 lakh crore, with retail deposits comprising nearly 69% of this total. The CASA ratio improved to 33.4%, reflecting strong liquidity, while the loan book grew by 22% to Rs.1.26 lakh crore.
Ratan Kumar Kesh, MD & CEO of Bandhan Bank, emphasized the bank’s commitment to growth and stability. “Our first quarter results showcase our robust performance and the trust our customers place in us. We are committed to enhancing our technology and processes to drive future growth,” Kesh said.
The bank continues to focus on expanding its retail portfolio and increasing digital capabilities to improve customer service.In Tripura, Bandhan Bank’s growth trajectory aligns with increasing financial inclusion needs. The bank’s expansion into the region is anticipated to enhance access to banking services, especially in semi-urban and rural areas, aligning with local demand for reliable financial services and digital solutions.
