Page 27 - Banking Finance June 2019

PRESS RELEASE

Bandhan Bank Q4 net profit up 68% (YOY) at Rs. 650.87 crore;

Net profit for FY 18-19 jumps 45% (YOY) at Rs. 1951.50 crore;

Proposed dividend @30%
The Board of Directors of Bandhan Bank Ltd., have Non-interest income grew by 91.13% at Rs. 388 crore
approved its Audited Financial Results for the Year ended for the quarter ended March 31, 2019 against Rs. 203
March 31, 2019. The accounts have been subjected to an crore in the corresponding quarter of the previous year
audit by the statutory auditors of the bank.
Operating Profit for the quarter increased by 63.92%
Key Highlights: at Rs. 1154 crore against Rs. 704 crore in the
Deposit portfolio grew 27.64% Y-o-Y, total fund raised corresponding quarter of the previous year
(including IBPC) grew 33% YoY Net Profit for the quarter grew by 67.78% at Rs. 651
Loan portfolio (on book + off book) grew 38.46% Y-o-Y crore against Rs. 388 crore in the corresponding quarter
of the previous year
CASA grew 51.57% Y-o-Y
Net Interest Margin (NIM) for the current quarter
CASA ratio at 40.75% against 34.32% Y-o-Y.
stands at 10.69% against 9.32% in the corresponding
Added 3.54 million customers; total customer base at
quarter of the previous year
16.56 million, growth of 27.22% Y-o-Y.
CASA ratio at 40.75% of total deposit, compared to
GNPA as on March 31, 2019 at 2.04% against 1.25% as
34.32% in the corresponding period last year
on March 31, 2018 and 2.41 % in 31st December 2018.
Total Advances (on book + off book) is grew by 38.46%
GNPA (excluding one large Infrastructure account) at 1.08%.
at Rs. 44,776 crore as on March 31, 2019 against Rs.
Net NPAs as on 31st March 2019 at 0.58% against 32,339 crore as on March 31, 2018
0.70% as on 31st December 2018.
Total Deposits increase by 27.64% at Rs. 43,232 crore
Capital Adequacy Ratio (CRAR) at 29.20%; Tier I at as on March 31, 2019 is at as compared to Rs. 33,869
27.88% and CET 1 at 27.88%. crore on March 31,2018

Highlights for the Quarter ended March 31, 2019: Gross NPAs as on 31st March 2019 at 2.04% against
2.41% as on 31st December 2018.
Net Interest Income (NII) for the quarter grew by
45.60% at Rs. 1258 crore as against Rs. 864 crore in Net NPAs as on 31st March 2019 at 0.58% against
the corresponding quarter of the previous year 0.70% as on 31st December 2018.

HUDCO Posts Robust Financial Results in 2018-19
Dr. M. Ravi Kanth, CMD HUDCO, shared the highlights of HUDCO's robust
performance in 2018-19, wherein the company has witnessed a 17% rise in
Net Profit that has touched an all-time high of Rs.1180 crore in 2018-19, from
Rs.1010 crore in 2017-18. HUDCO has seen a 10% growth in its net worth that
has reached Rs.10956 crore in 2018-19,from Rs. 9943 crore in 2017-18. The
net total income also witnessed a jump of 33% to Rs. 5548 crore in 2018-19,
from Rs. 4,171 crore in 2017-18.
HUDCO has disbursed Rs. 31,009 crore, which is a growth of 87% in 2018-19,
from Rs.16,565 crorein 2017-18. The balance sheet size of HUDCO has seen a
quantum jump of 49% to Rs.72829 crore in 2018-19, from Rs. 48915 crore in
2017-18. HUDCO's Net NPA is 0.50%, which is among the lowest in the sector. During the year 2018-19, a total of 20.68
lakh dwelling units were sanctioned, including EWS and LIG category, as against 8.88 lakh units in 2017-18.

BANKING FINANCE | JUNE | 2019 | 27