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Bandhan Bank reports 13% fall in Q3 net profit
Jan-21-2021

Bandhan Bank has reported results for the third quarter ended December 31, 2020.

The bank has reported 13.47% fall in its net profit of Rs 632.59 crore for the quarter under review as against net profit of Rs 731.03 crore for the same quarter in the previous year. However, total income of the bank increased by 25.55% at Rs 3861.12 crore for Q3FY21 as compared Rs 3075.34 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the October-December quarter of the current fiscal improved to 1.11%, as compared to 1.93% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 0.26% in Q3FY21.

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