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Bandhan Bank posts Rs.275 crore profit

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9 years ago

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Bandhan BankKolkata : Bandhan Bank reported a net profit of over Rs.275 crore over seven months and seven days of the fiscal 2015-16.

During the period under review, the Kolkata-based bank — which started operations in August 2015 — posted a total income of Rs.1,082 crore. Its net interest income (NII) stood at Rs.932.72 crore.

The private lender’s gross advances were at Rs.15,493.97 crore, of which only Rs.156 crore was advanced to non-micro credit sectors.

“Despite spending on technology, infrastructure and new employees, the bank has posted a decent profit which is satisfactory and encouraging,” said Chandra Shekhar Ghosh, the bank’s managing director and chief executive.

The city-based private lender has expanded its operation across 29 states through a network of 670 branches and 234 ATMs. It opened over 15 million accounts, including deposits and advances.

The bank has collected deposits of Rs.12,088.75 crore and caters to over 8 millions deposit customers up to March end.

Its current account and savings account balance stood at Rs.2,605.59 crore — 21.55 percent of total deposits.

“We expect to achieve 30 percent credit and deposit growth by end of the March 2017,” he said.

The bank has also opened 21 small format branches, he said.

“The bank has 20,600 employees at present and with the expansion of network of branches and ATMs in the coming months, the employee number will go up accordingly,” he said.

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Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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