BANDHAN BANK LIMITED

Management reported that Bandhan Bank Limited's Q1FY27 performance showed resilience despite seasonal challenges, with gross advances growing 16% YoY to INR 1.56 lakh crores and deposits reaching INR 1.65 lakh crores, driven by strong retail deposit growth. The bank's profitability remained stable, with a net profit of INR 502 crores, reflecting a 35% YoY increase. Management highlighted a focus on improving asset quality, with gross NPA at 3.1% and net NPA at 0.9%. However, external factors such as geopolitical tensions and rising technology costs posed challenges, leading management to adjust their ROA guidance to a range of 1.2% to 1.4% for Q4FY27. The bank aims to maintain a balanced growth strategy, with a focus on secured lending and improving operational efficiency while navigating the uncertain external environment.

Management highlighted both achievements and challenges in the current operating environment.