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Bandhan Bank gains 4% as loan growth jumps 21% YoY in March quarter

The private lender, on Monday, reported a 21 per cent yearly growth in loans and advances to Rs 87,054 crore as of March 31, 2021 from Rs 71,846 crore as on March 31, 2020.

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2 min read Last Updated : Apr 13 2021 | 10:56 AM IST

Shares of Bandhan Bank rallied 4 per cent to Rs 341 apiece on the BSE in Tuesday's intra-day session after the lender reproted a healthy growth in business for March quarter of FY21 (Q4FY21). The private lender, on Monday, reported a 21 per cent yearly growth in loans and advances to Rs 87,054 crore as of March 31, 2021 from Rs 71,846 crore as on March 31, 2020.

The total deposits, on the other hand, grew 37 per cent year-on-year to Rs 77,972 crore as against Rs 57,082 crore at the end of FY20, it said in a regulatory filing.

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Topics : Buzzing stocks Bandhan Bank Markets

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