Bandhan Bank share Q4 Results - 10 things to know with detail
- 1. Bandhan Bank reported a net profit of Rs 1,001 crore for the fourth quarter of the financial year 2020-21, an increase of 80.1% from the previous year.
- 2. The bank's total income for the quarter stood at Rs 2,510 crore, up 32.3% year-on-year.
- 3. Bandhan Bank's net interest income (NII) grew by 55.2% to Rs 1,757 crore in Q4 FY21, compared to Rs 1,132 crore in the same period last year.
- 4. The bank's net interest margin (NIM) stood at 8.7% for the quarter, compared to 7.6% in the previous year.
- 5. Bandhan Bank's provisions for bad loans and contingencies in Q4 FY21 were at Rs 600 crore, higher than Rs 481 crore in the same period last year.
- 6. The bank's gross non-performing assets (NPA) ratio improved to 6.8% in Q4 FY21, compared to 7.1% in the previous quarter.
- 7. Bandhan Bank's capital adequacy ratio stood at 25.9% as of March 31, 2021, well above the regulatory requirement.
- 8. The bank's total deposits grew by 33.1% year-on-year to Rs 77,972 crore, while advances grew by 21.6% to Rs 87,294 crore.
- 9. Bandhan Bank's total branch network stood at 1,185 as of March 31, 2021, with a customer base of over 2 crore.
- 10. The bank's board of directors has recommended a dividend of Rs 10 per share for the financial year 2020-21.