Bandhan Bank reported its Q2 FY26 earnings with ₹1,400.4 billion in Gross Advances and a 5.0% GNPA ratio. The bank’s digital push saw 98% of retail transactions being digital, with 92% of saving accounts opened digitally. However, NII was down -11.8% YoY, and PAT saw a substantial decrease of -88.1% YoY. The bank is focusing on upskilling and productivity to drive efficiency.
Financial Performance Highlights
Bandhan Bank’s Q2 FY26 saw:
- Gross Advances at ₹1,400.4 bn (up 7.2% YoY).
- Total Deposits reached ₹1,580.7 bn (up 10.9% YoY).
- NII reported as ₹25.9 bn (down -11.8% YoY).
- PAT amounted to ₹1.1 bn (down -88.1% YoY).
Asset Quality
The bank reported the following asset quality metrics:
- GNPA Ratio: 5.0%
- NNPA Ratio: 1.4%
- PCR: 73.7%
- Credit Cost: 3.4%
Key Ratios
- NIM: 5.8%
- OPEX/Assets: 3.8%
- ROA: 0.2%
- ROE: 1.8%
Business Segment Performance
- EEB constituted approximately 36.9% of the book.
- Housing & Retail comprised around 32.5% of the book.
- Wholesale Banking accounted for about 29.2%.
Strategic Focus
The bank continues to focus on:
- Customer Centricity & Digitization: Aiming for seamless customer journeys.
- Productivity & Efficiency: Workforce upskilling and operational excellence.
Source: BSE
