Calcutta, July 27: Bandhan Bank has reported a 35 per cent rise in net profit for the quarter ended June 30, 2017, aided by high net interest and non-interest incomes.

The Calcutta-based private sector lender has recorded a net profit of Rs 327 crore during the quarter compared with Rs 242 crore in the corresponding year-ago period.

The net interest income during April-June was Rs 743 crore against Rs 538 crore a year ago, while the non-interest income stood at Rs 122 crore compared with Rs 63 crore in the corresponding quarter of 2016-17.

Total advances during the quarter grew 35 per cent at Rs 21,389 crore, while total deposits rose 51 per cent to Rs 22,439 crore.

Chandra Shekhar Ghosh, managing director and CEO of Bandhan Bank, said the net interest margin was 10.75 per cent during the quarter, a 13 basis point growth over the previous year.

The capital adequacy ratio of the bank as of June 30, 2017, was 26.12 per cent.

"A very high capital adequacy ratio shows our financial robustness. The growth in deposits, including current and savings accounts, is also very encouraging. During the last quarter, we introduced a string of products in the NRI service segment and we will continue to offer new products and personalised services," Ghosh said.

The bank, however, has seen an increase in its gross non-performing assets (NPA) because of repayment problems in three states - Uttar Pradesh, Madhya Pradesh and Maharashtra. The gross NPA as a percentage of total loans rose to 0.82 per cent in the June quarter of the current fiscal from 0.22 per cent during the same period a year ago.

The ongoing Darjeeling unrest is also a concern for the bank with its exposure at around Rs 20 crore in the micro-credit segment in the region.