Bandhan Bank has reported a 17% growth in its total business for the third quarter of the financial year 2024-25, closing at Rs. 2.73 lakh crore. The bank’s retail deposits now account for nearly 69% of its total deposits, which have grown by 20% year-on-year, reaching Rs. 1.41 lakh crore. In parallel, its loan book saw a 15% increase, amounting to Rs. 1.32 lakh crore.
The bank’s robust performance is attributed to its expansion in distribution, operational efficiency, and a favorable operating environment. With nearly 6,300 banking outlets across India and a workforce of 78,400 employees, Bandhan Bank has solidified its position as one of the fastest-growing private-sector banks in the country.
The current account and savings account (CASA) ratio stands at 32%, reinforcing the bank’s liquidity. Capital Adequacy Ratio (CAR) is at 16%, exceeding the regulatory requirement, signaling a strong financial foundation. Speaking on the results, MD & CEO Partha Pratim Sengupta emphasized the focus on risk management and customer trust, with an eye on technological innovation and product diversification as Bandhan Bank evolves into its next phase of growth. Bandhan Bank’s continued expansion is also visible in places like Agartala, where the bank’s focus on reaching underserved areas is helping improve financial inclusion. The rising adoption of digital banking services in the region is contributing to enhanced customer engagement and a more robust economic ecosystem in Tripura’s local market.
