The financial figures for the third quarter of the fiscal year 2024–2025 were released by Bandhan Bank at a press conference.

Gracing the occasion were Rajinder Kumar Babbar, Partha Pratim Sengupta, Ratan Kumar Kesh, and Rajeev Mantri.

The bank closed at Rs. 2.73 lakh crore, a 17% increase in overall business. Currently, the Bank‘s retail deposit share of total deposits is close to 69%. Its distribution expansion, company efficiency, and favorable operating climate have all contributed to the positive increase observed in the most recent quarter.

In India, the Bank currently operates close to 6,300 banking locations to service its clients. Currently, Bandhan Bank employs close to 78,400 people in total.

The Bank’s deposit book increased by 20% in Q3 of FY25 compared to the same quarter the year before. The current total advances are Rs. 1.32 lakh crore, whereas the total deposit book is Rs. 1.41 lakh crore. At 32% of the total deposit book, the current account to savings account (CASA) ratio is now in place. The Capital Adequacy Ratio (CAR), which measures the bank’s soundness, is higher than the legal minimum at sixteen percent.

“Bandhan Bank’s performance in the third quarter reflects sustainable growth, with a strong focus on risks and compliance. The dedication of our staff and the confidence of our clients are the foundations of our ongoing success. Bandhan Bank is well-positioned for the next stage of growth as we transition into Bandhan Bank 2.0, thanks to an increase in our loan book and an emphasis on technology innovation, process improvement, and fortifying our staff and products” said MD & CEO Partha Pratim Sengupta.

With a particular emphasis on growing its retail portfolio, the Bank is nevertheless dedicated to diversifying its holdings. Increased digitization is a top focus, to improve customer satisfaction and increase production and efficiency.

Priyanka Dutta