Results● Neutral for Bandhan Bank
Bandhan Bank Q2 Update: Loans grow 13% YoY, but sequential growth remains modest
The brief
- Loans grew 13% year on year, though sequential growth remained modest
- CASA deposits were ₹46,131 crore, up 4.3% year on year but down 4.8% from June
- Loan and deposit trends offer a read on growth and funding at Bandhan Bank