Bandhan Bank on Saturday posted a net profit of ₹103.03 crore in the quarter ended 31 March, 2021 on higher provisions. The bank had posted a net profit of ₹517 crore in the year-ago period. The bank's net interest income (NII) rose 4.6% at 1,757 crore as against ₹1,680 crore in Q4FY20. Its net NPA rose to 3.5% from 2.4% in the previous quarter. Operating profit, which is arrived at by excluding the provisions, was up 13% to ₹1,729 crore.

Source: Mint May 08, 2021 09:56 UTC