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Bandhan Bank Q4 net soars to Rs 1,902 crore; NII up 45% to Rs 2,539.8 cr

In the previous quarter, it had earned net profit worth Rs 859 crore

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A man leaves an automated teller machine (ATM) facility of Bandhan Bank in Kolkata

Subrata Panda Mumbai
Private sector lender Bandhan Bank’s net profit soared to Rs 1,902 crore in the January-March quarter of FY22 compared to Rs 103 crore in the same period a year ago, aided by low provisions and higher net interest income (NII). In the previous quarter, it had earned net profit worth Rs 859 crore.

NII of the lender increased 45 per cent to Rs 2,539.8 crore, as the advances of the lender jumped 14 per cent year-on-year (YoY). Non-interest income rose 38 per cent to Rs 964.4 crore in the same period. Net interest margin (NIM), a measure of profitability, increased to

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First Published: May 14 2022 | 1:35 AM IST

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