Bandhan Bank sees slower credit growth compared to its deposit mobilisation

The bank said its advances rose 14% year-on-year to a tad over Rs 1 lakh crore at the end of the December quarter while its deposits jumped 21% year-on-year to Rs 1.2 lakh crore. The loans and advances as on December 31, 2022 are before considering write-offs, the bank said in a regulatory filing to stock exchanges.

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