Private lender Bandhan Bank on Tuesday shared its business update for the three months ended March quarter and financial year 2021-22, according to an exchange filing. The overall collection efficiency ratio (CER) of private lender Bandhan Bank stood at 96% at the end of financial year 2021-22, against 93% in the preceding third quarter, the bank said in a statement on Tuesday. The total deposits increased 24% year-on-year to ₹96,331 crore at the end of last quarter on 2021-22. CASA (Current Account Savings Account) deposits increased 18 per cent year-on-year to ₹40,072 crore while retail deposits stood at 77% of total deposits, the statement added. On Tuesday, Bandhan Bank shares closed 1.0% lower at ₹315 apiece on NSE.

Source: Mint April 06, 2022 07:17 UTC