Bandhan Bank first-quarter profit surges on higher interest income
- By Reuters |
- Jul 18, 2018
- Last Updated at 13:30 IST
India's Bandhan Bank Ltd posted a 47 percent surge in its quarterly profit on Wednesday, helped by higher interest income.
Net profit was 4.82 billion rupees ($70.32 million) in the first quarter ended June 30, compared with 3.27 billion rupees a year ago, the Kolkata-based bank, which started as a micro-finance firm, said in a statement https://www.bseindia.com/xml-data/corpfiling/AttachLive/c8088890-4388-4406-80d4-562f15d2d057.pdf.
Gross bad loans as a percentage of total loans stood at 1.26 percent at end-June, compared with 1.25 percent in the previous quarter and 0.93 percent a year earlier.
Interest earned during the quarter was up about 35 percent.
RELATED NEWS
Posted on 23- Apr- 2019
Posted on 22- Apr- 2019
Posted on 22- Apr- 2019
Posted on 20- Apr- 2019
Posted on 20- Apr- 2019
Posted on 18- Apr- 2019
Posted on 18- Apr- 2019
Posted on 18- Apr- 2019
Posted on 18- Apr- 2019
Posted on 18- Apr- 2019
The Big Stories
LIVE ADVISORY
3M TEAM SECURIT...
DINESH SOMANI
HIREN GARASONDIA
TESTIMONIALS
SACHIN PATEL
Good performance services ..Keep up the good work!.
SACHIN PATEL
Good performance services ..Keep up the good work!!! Really appreciate your effort.
Dr. Ravindra Dhivare
Advisorymandi.com is really appreciable . As they.
Dr. Ravindra Dhivare
Advisorymandi.com is really appreciable . As they give proper calls & levels with proper SL. Advisorymandi,com teaches us, how to trade in share market in proper way. Personalized services also tell you about your services like, phone calls, reminders & other suggestions are really very appreciable with polite conversations. Outstanding team effort as they are very cooperative , polite and helps in sorting out problems and queries in best possible manner.
SHAKTI
Working with Advisorymandi.com was the best decisi.
SHAKTI
Working with Advisorymandi.com was the best decision of my life. The work is highly credible. A BIG THANKS for their virtuoso services.
ADITYA
ADVISORYMANI.COM is a platform where you can know .
ADITYA
ADVISORYMANI.COM is a platform where you can know everything about share market and how to trade?It is a best Platform for a beginner who has just started trading. Employee of advisorymandi are very friendly. They are always ready for you to help in any condition. From my opinion every beginner who wants to be a successful trader , they the should join "ADVISORYMANDI.COM"
MANDEEP
YOUR WORK SPEAKS VOLUMES OF THE KIND OF CONCEPTS I.
MANDEEP
YOUR WORK SPEAKS VOLUMES OF THE KIND OF CONCEPTS IT IS-EFFICIENT,ORGANIZED and RESULT ORIENTED. WELL DONE!! ADVISORYMANDI.COM AND TEAM
OPINION POLL
Do you like Advisorymandi.com new avtar?
- Yes
- No
- Can't Say
