The bank has reported advances of Rs 8,650 crore for the quarter ended March FY24 (including inter bank participatory certificates (IBPC) of Rs 400 crore), growing 14 percent over the previous quarter and 41 percent over the year-ago period. Disbursements at Rs 2,340 crore increased by 31 percent QoQ and 39 percent YoY, while deposits grew by 20 percent QoQ and 50 percent YoY to Rs 7,775 crore for the quarter. The CASA ratio has improved by 1.6 percent QoQ and 3 percent YoY to 20.1 percent in Q4 FY24. The disbursements in FY24 of over Rs 6,900 crore increased by 36 percent compared to FY23 on continued momentum in Vikas Loan as well as retail assets disbursements.
Subscribe To Our Free Newsletter |