Bandhan Bank's FY20 deposits rise 32%; 60% jump in loans and advances

Loans and advances jumped by 60 per cent to Rs 71,825 crore during 2019-20, from Rs 44,776 crore the year before.

Bandhan Bank's total deposits grew by 32 per cent to Rs 50,073 crore during the fiscal year that ended in March 2020. The bank had total deposits of Rs 43,232 crore at end of March 2019.

Retail deposits formed the bulk of the total deposits at 78.4 per cent, which showed an increase of 34 per cent to Rs 44,760 crore as on March 31, 2020, Bandhan Bank said in a regulatory filing.

The bank's retail deposits stood at Rs 33,445 crore in the year-ago fiscal.

The data compares the standalone business as on March 31, 2019, to that