Bandhan posts Rs 275 cr profit

Bandhan posts Rs 275 cr profit

PTIUpdated: Friday, May 31, 2019, 03:20 PM IST
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Kolkata : Bandhan Bank, which started banking operations from August 2015, registered a net profit of Rs 275 crore during September 2015 and March 2016, reports PTI.

Founder MD and CEO of Bandhan Bank Chandra Shekhar Ghosh said, “The bank has posted a decent profit despite starting operations not very long.” Net interest income stood at Rs 932 crore and non-interest income at Rs 150 crore.

Ghosh said that in the current fiscal, the expected credit and deposit growth would both be around 30 per cent.

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