Bandhan Bank's Loan Growth Lags Deposit Growth In ; CASA Ratio Drops Sharply

Bandhan Bank reported modest loan growth of 6.4% on year to ₹1.336 trillion as of June 30, with advances down 2.5% sequentially, the bank said in an exchange filing Thursday.

In contrast, total deposits rose 16.1% on year to ₹1.547 trillion, and 2.3% on quarter.
Retail deposits saw strong traction, rising 33.6% on year to ₹636.58 billion, while bulk deposits were up 19.6% to ₹491.47 billion.

The bank’s CASA ratio dropped significantly to 27.06% as of June 30, from 31.37% in the previous quarter and 33.37% a year ago. Liquidity Coverage Ratio stood at 178.28% at the end of June, according to provisional data.