Bandhan Bank is a commercial bank operating in India, with a primary focus on serving underbanked and underpenetrated markets. With a presence across the country, the bank provides a diverse array of banking products and services tailored for micro banking and general banking purposes. Its offerings include asset and liability products and services, catering to the unique needs of individuals and businesses in these underserved segments. Bandhan Bank aims to bridge the financial gap by providing accessible and inclusive banking solutions to those who have limited access to traditional banking services, thereby promoting financial inclusion in India.
- Bandhan Bank Ltd reported Total Income for Q4 FY23 of ₹4,897 Crore up from ₹4,844 Crore year on year, a growth of 1%.
- Total Expenses for Q4 FY23 of ₹3,101 Crore up from ₹2,322 Crore year on year, a growth of 33%.
- Consolidated Net Profit of ₹808 Crore, down 57% from ₹1,902 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹5.02, down 57% from ₹11.81 in the same quarter of the previous year.