The fall in profit was steeper than expected as most analysts saw the decline to be around 14%. For insta ...More

The fall in profit was steeper than expected as most analysts saw the decline to be around 14%. For instance, Axis Securities expected the net profit figure to be around Rs 758 crore. ...Less

Bandhan's profit numbers were poorer than what analysts expected earlier. This despite lower provisions d ...More

Bandhan's profit numbers were poorer than what analysts expected earlier. This despite lower provisions during the quarter at Rs 602 crore against Rs 642 crore in the year-ago period, which helped credit cost to fall 30 basis points to 2.4%. ...Less

Bandhan Bank's Q1FY24 results are expected to be weak due to a sequential decline in loan growth and seas ...More

Bandhan Bank's Q1FY24 results are expected to be weak due to a sequential decline in loan growth and seasonably weak quarter, with net profit projected to fall up to 14%. However, the bank anticipated loan and deposit growth to be 20% above industry ...Less

NII went up 39 per cent to Rs 1,037 crore against Rs 743.48 crore in the year-ago period. ...More

NII went up 39 per cent to Rs 1,037 crore against Rs 743.48 crore in the year-ago period. ...Less

Total income however was up 20.4 per cent at Rs 2,647.50 crore in the quarter as against Rs 2,198.30 cror ...More

Total income however was up 20.4 per cent at Rs 2,647.50 crore in the quarter as against Rs 2,198.30 crore in the year-ago period, the bank said in a regulatory filing. ...Less

Total income increased to Rs 2,844.1 crore from Rs 2,731 crore. Interest income of the lender jumped to R ...More

Total income increased to Rs 2,844.1 crore from Rs 2,731 crore. Interest income of the lender jumped to Rs 2,514.4 crore from Rs 2,114.1 crore, Bandhan Bank said in a regulatory filing.On the asset quality front, the lender witnessed improvement as gross non-performing assets (NPAs) fell to 7.25 per cent of gross advances by June-end 2022 from 8.18 per cent by the year-ago period. ...Less

Total provisions stood at Rs 849 crore as against Rs 125 crore. ...More

Total provisions stood at Rs 849 crore as against Rs 125 crore. ...Less

Bandhan Bank posted a 65% YoY decline in Q1FY26 net profit to Rs 372 crore, driven by higher provisions. ...More

Bandhan Bank posted a 65% YoY decline in Q1FY26 net profit to Rs 372 crore, driven by higher provisions. Despite this, deposits grew 16% and retail term deposits surged 34% YoY. Asset quality remains stable with 5% gross NPA. ...Less

Bandhan Bank on Friday reported 47% growth in its consolidated net profit at Rs 1,063 crore in the first ...More

Bandhan Bank on Friday reported 47% growth in its consolidated net profit at Rs 1,063 crore in the first quarter, compared with Rs 721 crore in the last year period. ...Less

Bandhan Bank's net profit for the June quarter soared 47% year-on-year at Rs 1063 crore backed by healthy ...More

Bandhan Bank's net profit for the June quarter soared 47% year-on-year at Rs 1063 crore backed by healthy business expansion and lower credit cost. ...Less

Total income of the bank in Q4FY22 rose by 43 per cent to Rs 3,504.2 crore, as against Rs 2,457.4 crore i ...More

Total income of the bank in Q4FY22 rose by 43 per cent to Rs 3,504.2 crore, as against Rs 2,457.4 crore in the same period of FY21, Bandhan Bank said in a regulatory filing. ...Less

Bandhan Bank's standalone net profit fell 19% to Rs 721 crore for the first quarter ended June. The same ...More

Bandhan Bank's standalone net profit fell 19% to Rs 721 crore for the first quarter ended June. The same stood at Rs 886 crore in the year-ago period. The fall in profit was steeper than expected as most analysts saw the decline to be around 14%. For instance, Axis Securities expected the net profit figure to be around Rs 758 crore. ...Less

Bandhan Bank's MD, Chandra Shekhar Ghosh, has said India is unlikely to hike interest rates due to the li ...More

Bandhan Bank's MD, Chandra Shekhar Ghosh, has said India is unlikely to hike interest rates due to the limited risks of a further ATM hike revealed by India's first quarter inflation numbers. The bank has suffered since its IPO last year as it has underperformed compared to its peers due to issues such as lower-than-average growth and asset quality. Shares in Bandhan Bank slumped by almost 7% at the end of last week following the resignation of CFO Sunil Samdani. ...Less