{"id":44211,"date":"2018-10-11T11:56:19","date_gmt":"2018-10-11T11:56:19","guid":{"rendered":"http:\/\/blastingskyhawk.com\/?p=44211"},"modified":"2018-10-11T11:56:19","modified_gmt":"2018-10-11T11:56:19","slug":"bandhan-bank-net-profit-increases-47-per-cent-on-interest-income","status":"publish","type":"post","link":"https:\/\/blastingskyhawk.com\/english\/bandhan-bank-net-profit-increases-47-per-cent-on-interest-income\/","title":{"rendered":"Bandhan Bank net profit increases 47 per cent on interest income"},"content":{"rendered":"<p>Private-sector lender Bandhan Bank on Tuesday reported a net profit of Rs 488 crore in the quarter ended September, up 47 per cent from the corresponding figure in the same quarter last year, on the back of a 55.6 per cent year-on-year rise in net interest income to Rs 1,078 crore.<\/p>\n<p>NII is the difference between interest earned and interest paid by the bank. Net interest margin also rose to 10.3 per cent from 9.6 per cent at the end of June. The bank\u2019s provisions rose 43 per cent y-o-y to Rs 124 crore.<\/p>\n<p>Asset quality at the bank deteriorated marginally from the previous quarter, with the gross non-performing asset ratio rising to 1.29 per cent from 1.26 per cent and the net NPA ratio climbing 5 basis points (bps) to 0.69 per cent.<\/p>\n<p>Total advances as on September 30 stood at Rs 33,373 crore, up 51 per cent from the previous year, while total deposits rose 29.5 per cent y-o-y to Rs 32,959 crore. The current accounts savings accounts ratio improved to 36.9 per cent from 28.2 per cent at the end of September 2017.<\/p>\n<p>Retail deposits accounted for 81.6 per cent of all deposits. CASA grew 69.8 per cent y-o-y to Rs 12,176 crore at the end of September.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Private-sector lender Bandhan Bank on Tuesday reported a net profit of Rs 488 crore in the quarter ended September, up 47 per cent from the corresponding figure in the same quarter last year, on the back of a 55.6 per cent year-on-year rise in net interest income to Rs 1,078 crore. NII is the difference [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":44212,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[410],"tags":[],"class_list":["post-44211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/44211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=44211"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/44211\/revisions"}],"predecessor-version":[{"id":44213,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/44211\/revisions\/44213"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/44212"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=44211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=44211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=44211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}