Bandhan Bank FY20 deposits increased by 32 pct to Rs. 57073 crore
Kolkata/IBNS: Private commercial bank Bandhan Bank on Monday said its total deposits grew by 32 per cent year-on-year to Rs 57,073 crore during the financial year ended Mar 31, 2020.
The bank said it had a total deposit of Rs 43,232 crore as at end of March 2019.
Total loans and advances (on book and off book) grew 60% year-on-year to Rs.71,825 crore, the bank said.
The capital adequacy ratio stands at 26.7%.
As on March 31, 2020 Bank said it had excess liquidity amounting to Rs. 8,402 crore. In addition to above Bank can also draw upto Rs.1815 crore from RBI under the Marginal Standing Facility scheme.
The Bank also told the stock exchange that the deposits from microbanking customers continues to be strong and stable despite three weeks of lockdown.
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