The private sector lender said its collection capacity rose to 90% at the end of September from 90% three months ago lockdown and a decline in the number of active Covid-19 cases, which offered room for relief and economic recovery.

The bank’s repayment collection from the microfinance vertical, which contributes nearly a third of its loan portfolio, rose to 86% from 72% in the same period, the bank said in a regulatory filing to stock exchanges.

Bandhan’s debt assets grew 7% year-on-year to Rs 81668 crore at the end of September. The provisional data for the quarter shows that deposit mobilization jumped 24% to Rs 81898 crore.

The bank said that the loan data as on September 30, 2021 is before considering write-off, if any.