Bandhan Bank Q2 Review - Huge Loss Reported On Enhanced Provisioning: ICICI Securities

Bandhan Bank Q2 Review - Huge Loss Reported On Enhanced Provisioning: ICICI Securities

A Bandhan Bank branch and ATM in Kolkata. (Source: Bandhan Bank/Website)

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ICICI Securities Report

Bandhan Bank Ltd.'s loan portfolio (on book + off book) grew by 6.6% year-on-year to INR 816.6 billion as compared with INR 766.1 billion as on September 2020.

The deposits reported at INR 818.9 billion (+23.8% year-on-year/+5.9% quarter-on-quarter).

CASA ratio improved at 44.6% as against 42.9% as on June 2021.

Net Interest income reported at INR 19.4 billion (+0.6% year-on-year/ -8.5% quarter-on-quarter) and NIM declined at 7.6% in Q2 FY22 as against 8.5% in Q1 FY22.

Non-Interest Income reported at INR 4.9 billion (+28.8% year-on-year, -7.8% quarter-on-quarter).

Click on the attachment to read the full report:

KRChoksey Bandhan Bank Q2FY22 Results.pdf
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