Bandhan Bank share Q4 results - 10 things to know with detail
Bandhan Bank reported a net profit of Rs 731.03 crore for the fourth quarter of the financial year 2020-21, a 80.1% increase compared to the same quarter last year.
The bank's total income for the quarter stood at Rs 3,682.39 crore, a 35.1% increase from the previous year.
Net interest income (NII) for the quarter was Rs 2,074.2 crore, up by 44.5% from the fourth quarter of the previous year.
The bank's gross non-performing assets (NPA) stood at 6.8% of gross advances, while net NPA was at 3.5% of net advances.
Bandhan Bank's total deposits increased by 36.5% year-on-year to Rs 80,128 crore, while its total advances grew by 21.2% to Rs 80,255 crore.
The bank's CASA (current account savings account) ratio improved to 41.2% as of March 31, 2021, compared to 37.1% in the same period last year.
Bandhan Bank's capital adequacy ratio (CAR) stood at 23.1% as of March 31, 2021, well above the regulatory requirement of 15%.
The bank's board of directors recommended a dividend of Rs 4 per share for the financial year 2020-21.
Bandhan Bank's total network of branches and banking outlets stood at 5,270 as of March 31, 2021, covering 1,079 centers across the country.
The bank's total assets under management (AUM) grew by 19.6% year-on-year to Rs 85,916 crore as of March 31, 2021.