Bandhan Bank’s total business grew by 22% to close at Rs. 2.59 lakh crore

Bandhan Bank has announced a robust financial performance for Q1 FY25, with total business soaring by 22% to reach Rs.2.59 lakh crore. The bank’s total deposits grew by 23% year-on-year to Rs.1.33 lakh crore, bolstered by a retail deposit share of nearly 69%. The CASA ratio stands at a solid 33.4%, reflecting the bank’s strong liquidity position. Total loans increased by 22% to Rs.1.26 lakh crore.

Ratan Kumar Kesh, MD & CEO of Bandhan Bank, praised the quarter’s results as evidence of the bank’s enduring stability and growth. “Our performance underscores the trust of our customers and the dedication of our employees,” Kesh stated. “Our focus on technology, process enhancement, and retail diversification will drive Bandhan Bank’s future growth.”

The bank operates over 6,300 outlets and employs nearly 77,500 staff, catering to 3.44 crore customers nationwide. It aims to further enhance customer experience through increased digitization and process improvements.In Tripura, Bandhan Bank’s strategic expansion aligns with regional growth trends, reflecting a strong demand for accessible banking services in semi-urban and rural areas. The bank’s increased focus on retail deposits and digitization is expected to further strengthen its foothold in Tripura, where financial inclusion remains a key priority.