Bandhan Bank Collection Efficiency Ratio Improved To 97%, Says Reports

Bandhan Bank spoke about its collection efficiency ratio (CER), which has increased to 97%, excluding Non-Performing Assets (NPAs) and including restructured accounts, at the end of the second quarter of the current fiscal (FY-2022). The bank’s CER stood at 96% at the end of the first quarter of the 2022-23 financial year. Furthermore, the bank also said, loans and advances of the second quarter stood at Rs 99,374 crore,