Bandhan bank shares opened in the green but quickly made its descent in red on 5 October after the company announced its quarterly reports for the July-September quarter.

The private sector lender’s total deposit grew by 12.8% YoY and 3.3% QoQ to Rs 1.12 lakh crore.

The bank’s loan and advances grew by 12.3% YoY and 4.3% on a sequential basis to Rs 1.07 lakh crore.

The retail deposits of the bank grew by 12.6% YoY and 7.4% QoQ at Rs 82,977 crore, whereas the bulk deposits saw a 13.2% YoY growth but a decline of 6.9% on a quarterly basis, amounting to Rs 29,098 crore.

The CASA (current account savings account) deposits saw a 6.5% YoY and 10.5% QoQ increase at Rs 43,161 crore.

The CASA ratio of the bank stood at 38.5% against 36% in the previous quarter and 40.8% in the corresponding quarter of the previous fiscal year.

The bank’s shares have given a return of 22.52% in the period of last six months against the benchmark Nifty Bank index, which has given a return of 7.23% over the same duration.

At 1:37 pm, Bandhan Bank shares were trading in the red despite a robust quarterly report at Rs 251.35 or 0.98% below its previous close on NSE.