Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
CO-PRESENTED BY
LIVE TV DownloadNews18 App
News18 English
»
1-min read

Bandhan Bank Fourth-quarter Profit Rises 20 Percent

Net profit rose to 3.88 billion rupees ($58.09 million) in the three months ended March 31, from 3.22 billion rupees a year ago, the Kolkata-based bank said in a statement on Friday.

Reuters

Updated:April 27, 2018, 1:23 PM IST
facebookTwittergoogleskypewhatsapp
Bandhan Bank Fourth-quarter Profit Rises 20 Percent
File photo: A man leaves an automated teller machine (ATM) facility of Bandhan Bank in Kolkata. (Image: Reuters)
Loading...
Mumbai: Bandhan Bank Ltd, which had a stellar market debut last month, reported an about 20 percent jump in quarterly profit, helped by higher interest income.

Net profit rose to 3.88 billion rupees ($58.09 million) in the three months ended March 31, from 3.22 billion rupees a year ago, the Kolkata-based bank said in a statement on Friday.

Gross bad loans as a percentage of total loans stood at 1.25 percent at end-March, compared with 1.67 percent in the previous quarter and 0.51 percent a year earlier.

Interest earned during quarter was up 25 percent.
| Edited by: Ahona Sengupta
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
 
 
Most Active
Company Price Change %Gain
Bajaj Finance 3,301.10 6.14
Yes Bank 134.15 -2.61
Interglobe Avi 1,473.75 0.60
Reliance 1,267.40 0.16
HDFC Bank 2,362.10 2.23
Company Price Change %Gain
Yes Bank 134.55 -2.36
Bajaj Finance 3,301.20 6.09
Reliance 1,265.70 0.13
Interglobe Avi 1,474.00 0.50
ICICI Bank 390.30 2.23
Top Gainers
Company Price Change %Gain
Zee Entertain 372.15 7.65
Bajaj Finance 3,301.10 6.14
Bajaj Finserv 7,992.95 4.93
Hero Motocorp 2,622.55 4.06
Maruti Suzuki 6,706.85 3.51
Company Price Change %Gain
Bajaj Finance 3,301.20 6.09
Hero Motocorp 2,623.50 4.26
Maruti Suzuki 6,707.20 3.53
Kotak Mahindra 1,460.70 3.31
Bajaj Auto 3,041.80 3.30
Top Losers
Company Price Change %Gain
Yes Bank 134.15 -2.61
Dr Reddys Labs 2,745.00 -2.00
Vedanta 160.95 -1.56
Hindalco 191.70 -1.49
Infosys 723.90 -1.25
Company Price Change %Gain
Yes Bank 134.55 -2.36
Vedanta 160.80 -1.44
Infosys 723.80 -1.42
HCL Tech 1,061.60 -1.15
Sun Pharma 408.00 -0.74

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results