over the past seven months of 2015-sixteen, gross advances stood at Rs.15,493 crore, deposits at Rs.12,088 crore and net worth at Rs.three,334.five crore. picture: Indranil Bhoumik/Mint
Kolkata: Bandhan bank, which started banking operations from August 2015, registered a internet earningsof Rs.275 crore at some stage in September 2015 and March 2016.
Founder coping with director and chief govt officer of Bandhan bank Chandra Shekhar Ghosh stated, “Thefinancial institution has posted a first rate earnings despite beginning operations not very lengthy.”internet interest income stood at Rs.932 crore and non-interest earnings at Rs.150 crore, he informednewshounds in Kolkata on Monday.
during the last seven months of 2015-sixteen, gross advances stood at Rs.15,493 crore, deposits at Rs.12,088 crore and internet really worth at Rs.three,334.five crore. Ghosh stated that within the present day financial, the expected credit score and deposit increase could both be around 30%.
CASA of the financial institution on the cease of March 2016 stood at 21.55% of deposits at the same time as capital adequacy ratio study 29.01%. The depositor base of the bank got here in at eight.4 million andthe total department community become 670.
