Bandhan Bank has reported a strong performance for the quarter ended March 31, 2026, with a 68% year-on-year increase in net profit to ₹534 crore. The bank saw healthy growth in total deposits, which reached ₹1.66 lakh crore, and gross advances, rising to ₹1.54 lakh crore. Additionally, the Board has recommended a dividend of ₹1.50 per equity share for the fiscal year, subject to shareholder approval at the upcoming Annual General Meeting.
Financial Highlights
Bandhan Bank’s financial performance for the final quarter of the fiscal year ended March 31, 2026, highlights significant momentum. The bank’s net profit recorded a robust 68% growth compared to the same period last year, reaching ₹534 crore. The net revenue for Q4 FY26 stood at ₹3,567 crore, a growth of 3.2% year-on-year. For the full fiscal year 2026, the bank achieved a net profit of ₹1,224 crore with net revenue totaling ₹13,564 crore.
Growth in Deposits and Advances
The bank demonstrated strong deposit mobilization, with total deposits growing by 10% year-on-year to reach ₹1.66 lakh crore. Gross advances also saw a healthy expansion, increasing by 13% year-on-year to ₹1.54 lakh crore. The bank’s retail deposit base, comprising CASA and retail term deposits, now accounts for 74% of total deposits, underscoring the strength of its retail franchise.
Asset Quality and Operational Metrics
Asset quality remained stable, with Gross NPA at 3.3% and Net NPA at 1.0% for the quarter. The Provision Coverage Ratio, inclusive of technical write-offs, stood at 84.9% as of March 31, 2026. The bank’s capital adequacy ratio remains robust at 18.0%, comfortably above regulatory requirements, providing a strong foundation for future growth.
Strategic Leadership Changes
The Board has announced key leadership appointments to strengthen its business divisions. Mr. Surajit Roy Choudhury has been appointed as the Head – Emerging Entrepreneurs Business, effective June 30, 2026. Additionally, Mr. Sujoy Roy has been elevated to the role of National Collection Head, effective April 28, 2026. These appointments are aimed at enhancing collection strategies and driving growth in the bank’s core lending segments.
Source: BSE
