Bandhan Bank’s Q2 net profit leapt 23.9% QoQ to ₹622 crore, nudging the stock 2.27% higher to ₹155.36 in after‑hours trading. The jump follows a 1.3% sequential rise in net interest income, which climbed to ₹2,960.4 crore from ₹2,921 crore.
The bank’s asset quality edged up, with gross non‑performing assets falling to 3.11% from 3.15% and net NPAs easing to 0.92% from 0.93%. Provisions for the quarter rose to ₹717.5 crore, up from ₹683 crore in Q1, but still a sharp decline from ₹1,152.7 crore a year earlier, signalling tighter provisioning.
Advances grew 13% YoY to ₹1.58 lakh crore, with secured advances up 18% and retail book expanding 42%. Wholesale advances rose 32%, while the housing book ticked 4%. Deposits climbed 9% YoY to ₹1.73 lakh crore; CASA deposits stood at ₹46,132 crore, a 27% CASA ratio, and CASA plus RTD deposits made up 73% of total deposits.
Half‑year figures show a net interest margin of 6.2%, ROA of 1.1% and ROE of 8.5% on an annualised basis. Net profit for H1 FY27 hit ₹1,123 crore, up from ₹484 crore in the prior year, while operating profit dipped slightly to ₹2,915 crore from ₹2,979 crore.
MD‑CEO Partha Pratim Sengupta said the bank will keep sharpening its retail franchise, customer ties and deposit mobilisation, while tightening the loan portfolio mix and safeguarding asset quality. The capital adequacy ratio sits at 18.3%, comfortably above the 11.5% regulatory floor. The bank’s outlook remains neutral, with no new guidance but a clear emphasis on sustaining growth momentum.
In a broader view, Bandhan Bank’s performance mirrors the sector’s modest NII uptick and the steady rise in retail deposits, positioning it as a resilient player amid a competitive banking landscape.