Deposit-led growth capability, CASA and retail deposits remain very strong: Ratan Kumar Kesh, Bandhan Bank

economictimes.indiatimes.com:

«Going forward, quarter two will be better than quarter one and quarter three and four are definitely our best quarter in terms of advances, so that will continue, that clearly is going to happen. Our focused attempt on improving portfolio quality over the last two years and very specifically, April 23 onward, some of the specific initiatives that we took are holding up extremely well,» says Ratan Kumar Kesh, Interim MD & CEO, Bandhan Bank.

First, let us talk about the numbers because your interest income is higher by 22%, NII uptick of 20%. What, according to you, are the levers in place to keep such kind of growth numbers coming in for the next few quarters as well?
Ratan Kumar Kesh: Broadly, the levers are simple and basic in nature. Our ability to grow our advances quarter-on-quarter has been established in the last year. In quarter one, it generally is a muted quarter for us and we generally de-grow. What we have been able to establish this year, first quarter, is that we have been able to deliver a stable growth and that is something which is important.

Going forward, quarter two will be better than quarter one and quarter three and four are definitely our best quarter in terms of advances, so that will continue, that clearly is going to happen. Our focused attempt on improving portfolio quality over the last two years and very specifically, April 23 onward, some of the specific initiatives that we took are holding up extremely well.

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