Bandhan Bank loans grow 13.1% as deposits shift towards term accounts
Bandhan Bank’s provisional September-quarter update puts loans and advances at about 1.583 trillion rupees, up 13.1% from a year earlier, and deposits at 1.727 trillion rupees, up 9.2%. Retail term deposits increased faster than current and savings accounts. The latter’s share declined to 26.71%, while the bank also reported liquidity coverage and collection figures subject to subsequent review.
Economics & Markets··Evening
Loans and deposits grow at different rates
Bandhan Bank’s provisional business update for the quarter ended September 30 puts loans and advances at 158,335 crore rupees, about 1.583 trillion rupees. The total rose 13.1% from a year earlier. Deposits reached 172,689 crore rupees, about 1.727 trillion, up 9.2%. The October 3 update put annual loan growth above deposit growth.[1], [2]
The shorter comparison moves differently. From the end of June, deposits increased 4.7%, while loans and advances rose 1.8%. The loan measure includes both the on-book portfolio and pass-through certificates representing transferred loan interests. That scope matters when reading the total: it is not confined to loans still held directly on the bank’s balance sheet. Both comparisons use the reported September closing figures.[1]
Term deposits take a larger role
Retail term deposits increased 16.8% from a year earlier to 79,340 crore rupees. Current-account and savings-account deposits reached 46,131 crore rupees, up 4.3% annually but down 4.8% from June. Their share of all deposits declined to 26.71%, below both the preceding-quarter and year-earlier ratios. The figures show growth in the overall deposit base alongside a changing composition within that base.[1]
Total retail deposits amounted to 125,471 crore rupees, accounting for 72.66% of the bank’s deposits. This wider retail measure includes more than current and savings accounts alone. Retail term deposits’ stronger annual growth therefore sits alongside a declining current-and-savings share without contradiction. The categories describe different parts of the funding base; they should not be treated as interchangeable labels for the same deposit total.[1]
Liquidity and collections accompany the update
The bank reported a liquidity coverage ratio of approximately 137.88%. It also reported pan-bank collection efficiency of 98.9% for September, unchanged from June, with non-performing assets excluded. The exclusion is part of the stated collection measure. It means the ratio describes the covered pool of payments rather than every loan’s performance, and it cannot be used as a complete measurement of credit losses.[1]
These are provisional, unaudited business figures, subject to examination by the audit committee, board and statutory auditors. The release brings together loan balances, deposit composition, liquidity and a defined collection ratio. It does not announce final quarterly profit. Its immediate finding is the expansion of the reported business balances and the shift in deposit mix, with the review process still applying to the figures.[1]
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