Bandhan Bank Q4FY22 income up 43% to Rs 3,504.2 cr; profit at Rs 1,902.3 cr

Net NPAs or bad loans reduced significantly to 1.66 per cent, from 3.51 per cent

Private sector Bandhan Bank on Friday reported a multi-fold jump in its net profit at Rs 1,902.30 crore in the quarter ended March 2022.
 

The bank had posted a net profit of Rs 103 crore in the year-ago quarter.

Total income of the bank in Q4FY22 rose by 43 per cent to Rs 3,504.2 crore, as against Rs 2,457.4 crore in the same period of FY21, Bandhan Bank said in a regulatory filing.

Net interest income during the quarter rose by 45 per cent to Rs 2,539.8 crore, while non-interest income grew by 38 per cent to Rs 964.4 crore, the bank