Bandhan Bank Q2 net rises 47.4% at Rs 488 crore on interest income growth
The bank's net interest income for the quarter rose to Rs 1,078 crore, from Rs 693 crore in the year-ago quarter, while its net interest margins stood at 10.9 per cent, compared with 9.3 per cent. Gross non-performing assets (NPA) of the bank stood at 1.3 per cent, compared with 1.4 per cent, while net NPAs was at 0.7 per cent, against 0.8 per cent.
Private sector lender Bandhan Bank reported a 47.4 per cent growth in its net profit at Rs 488 crore in the quarter ended September. Image source: Reuters