Bandhan Bank's Q4 net profit up 68% at Rs 651 crore, NPAs stand at 2%

Bandhan Bank reported a 67.7 percent jump in its fourth quarter (Q4) FY19 net profit at Rs 651 crore, against Rs 388 crore in the same period last year.

The gross non-performing assets (NPA) of the bank stood at 2.04 per cent in the last quarter, against 1.25 per cent in the same quarter a year ago. Net NPA remained at the same level  of 0.58 per cent in Q4 of FY19 and Q4 of FY18.

Net interest income (NII) of the bank rose 45.6 percent to Rs 1,258 crore against Rs 864 crore in the same period last year.

Deposits increased 27.64