Bandhan Bank up 3.5%

about 7 months ago
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Bandhan Bank yesterday evening updated the stock exchanges on its Q3FY21 workings.

It stated:

A 23% (YoY) and 5% (QoQ) increase in advances in Q3FY21 at Rs.80,255 crore

Total deposits rose 30% (YoY) and 8% (QoQ) in Q3FY21 at Rs.71,188 crore

CASA deposits rose 62% (YoY) and 21% (QoQ) at Rs.30,504 crore

CASA ratio improved to 43% v/s 34% (YoY) v/s 38% (QoQ)

Share of retail to total deposits rose 81% v/s 77% (QoQ)

The stock, which had closed in the red yesterday, opened in the green today at Rs.405.50, up almost 2.5% and went up further to Rs.409.45, up 3.5%.

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