You are here: Home » Finance » News » Banks
Business Standard

Bandhan Bank's collection efficiency ratio at 92 per cent in September

Collection efficiency ratio of private lender Bandhan Bank touched 92 per cent as on September 2020, the bank said in a regulatory disclosure on Wednesday

Topics
Bandhan Bank

Press Trust of India  |  Kolkata 

Bandhan Bank

Collection efficiency ratio of

private lender touched 92 per cent as on September 2020, the bank said in a regulatory disclosure on Wednesday.

Collection efficiency was the highest for mortgage and SMEs at 98 per cent, it said.

Loans and advances of the bank during the quarter stood at Rs 76,724 crore, deposits touched Rs 66,153 crore during the period.

It said 94 per cent of microfinance customers paid in the month of September alone, which shows an increasing trend in repayment.

Current Account Savings Account (CASA) ratio of the bank during September stood at 38.2 per cent, it said.

Liquidity coverage ratio as on September was 157 per cent, the bank said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, October 07 2020. 19:43 IST
RECOMMENDED FOR YOU
.