3 Min Read Kolkata-based private lender Bandhan Bank Ltd on Tuesday (July 21) reported a 34.8% year-on-year increase in net profit to ₹501.6 crore for the first quarter, compared with ₹372 crore in the year-ago period. The bank's Net Interest Income (NII) rose 6% year-on-year to ₹2,921 crore, from ₹2,757 crore in the corresponding quarter last year. The bank's net interest margin (NIM) stood at 6.2% during the quarter, remaining flat sequentially.
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