Bandhan Bank Q1 advances rise 16.4%, deposits decline sequentially

Bandhan Bank’s loans grew 16.4% year-on-year to ₹1.56 lakh crore in the June quarter, while total deposits rose 6.6% to ₹1.65 lakh crore. The lender’s CASA ratio improved to 29.4%, reflecting a stronger low-cost deposit mix despite a marginal sequential decline in deposits.

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