Representative image (File) 
Business

Bandhan Bank Q2 net profit rises 245% to Rs 721 cr

The loan portfolio of the Kolkata-headquartered bank at the end of the July-September quarter stood at Rs 1.08 lakh crore, reflecting a 12.3 per cent rise over the corresponding period last year.

DT NEXT Bureau

KOLKATA: Private lender Bandhan Bank on Wednesday reported a whopping 245 per cent jump in its net profit to Rs 721 crore in the second quarter of the 2023-24 fiscal as compared to Rs 209 crore in the year-ago period.

The loan portfolio of the Kolkata-headquartered bank at the end of the July-September quarter stood at Rs 1.08 lakh crore, reflecting a 12.3 per cent rise over the corresponding period last year.

Bandhan Bank MD & CEO Chandra Shekhar Ghosh said the total deposits of the lender at the end of the quarter stood at Rs 1.12 lakh crore, registering a growth of 12.8 per cent year-on-year.

Also Read

Cyclone Murasu intensifies into severe storm; Parrys records highest rainfall of 149.2 mm in Chennai

Cyclone Murasu: 11 flights cancelled at Chennai airport

Edappadi K Palaniswami in huddle with district secretaries over bypolls

Theni jailbreak: Inmate says they escaped due to torture, poor conditions

All 9 people aboard jet that crashed in Florida have died, transportation secretary says

SCROLL FOR NEXT