Bandhan Bank reports higher collection efficiency

Bandhan Bank reported a collection efficiency of 98.9% for March, an improvement from December's 98.1%, with assets under management growing 12.6% year-on-year. The bank's micro loan portfolio saw its collection efficiency rise to 98.6%, while the non-micro loan book improved to 99.3%. Loan and advances reached Rs 1.54 lakh crore by fiscal year-end.

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