Bandhan Bank announced Q4FY22 results: Q4FY22: Net Interest Income (NII) for the quarter grew by 44.6% to Rs 2,539.8 crore as against Rs 1,757.0 crore in the corresponding quarter of the previous year. Non-interest income grew by 37.7% to Rs 964.4 crore for the quarter ended March 31, 2022 against Rs 700.4 crore in the corresponding quarter of the previous year. Operating Profit for the quarter increased by 53.5% to Rs 2,521.3 crore against Rs 1,642.8 crore in the corresponding quarter of the previous year. Net Interest Margin (annualised) for the quarter ended March 31, 2022 stood at 8.7% against 6.8% in March 31, 2021. FY22: Net Interest Income (NII) for the current year grew by 15.2% to Rs 8,714.0 crore as against Rs 7,563.4 crore in the previous year. Non-interest income grew by 39.6% to Rs 2,822.8 crore for the year ended March 31, 2022 against Rs 2,022.3 crore in the previous year ended March 31, 2021. Operating Profit for the year increased by 18.4% to Rs 8,013.4 crore against Rs 6,768.8 crore in the previous year. Net Interest Margin (annualised) for the year ended March 31, 2022 stood at 8.2% against 7.8% in March 31, 2021. Total Advances (on book + off book + TLTRO + PTC) grew by 14.1% to Rs 99,338.1 crore as on March 31, 2022 against Rs 87,042.9 crore as on March 31, 2021. Total Deposits increased by 23.5% to Rs 96,330.6 crore as on March 31, 2022 as compared to Rs 77,972.2 crore as on March 31, 2021. Gross NPAs as on March 31, 2022 is at Rs 6,380.0 crore (6.46%) against Rs 9,441.6 crore (10.81%) as on December 31, 2021. Net NPAs as on March 31, 2022 stood at Rs 1,564.2 crore (1.66%) against Rs 2,413.1 crore (3.01%) as on December 31, 2021. Commenting on the performance, Mr. Chandra Shekhar Ghosh, Managing Director and CEO of Bandhan Bank said: “Bank has seen best ever quarterly performance during the quarter backed by robust all round operating performance and lower credit costs. Given the strong recovery and stable operating environment we are confident of further improving our performances during next fiscal as well” Result PDF