Bandhan Bank has announced a robust financial performance for the second quarter of the fiscal year 2024-25, reporting a total business growth of 24%, reaching ₹2.73 lakh crore. The bank’s total deposits increased by 27% year-on-year, now standing at ₹1.43 lakh crore, with retail deposits comprising nearly 68% of the total. The current account and savings account (CASA) ratio is reported at 33.2%, reflecting strong customer engagement and trust.
Ratan Kumar Kesh, Interim MD & CEO of Bandhan Bank, attributed the bank’s success to effective risk management and compliance, stating, “Our strong performance in the second quarter reflects the momentum in quality growth.” The bank now serves over 3.5 crore customers through approximately 6,300 banking outlets and employs nearly 80,000 staff.
In Agartala, the market perspective echoes this growth, with increased customer footfall and a surge in retail banking activities. The bank’s commitment to digitization and innovative product offerings, including pension schemes and GST payment services, aims to enhance customer experience and productivity, paving the way for future growth initiatives.
