Bandhan Bank recorded a growth of 21% in its net interest income (NII) for Q2FY25 at Rs 2,948 crore, while the net profit came in at Rs 937 crore, higher by 30% compared to a year ago.

The Net NPA improved to 1.29% in Q2FY25 vs 2.32% in Q2FY24, but worsened on QoQ basis from 1.15%. The Gross NPA came in at 4.68% for Q2FY25, lower on year but higher compared to last quarter's 4.23%.

At the end of the second quarter, the deposits grew 27% YoY and 7% QoQ to reach Rs 1.43 lakh crore at Bandhan Bank, while the Net Interest Margin (NIM) for the quarter was 7.4%, compared to 7.2% in Q2FY24.

Bank's CASA deposits stood at Rs 47,283 crore and the CASA ratio stood at 33.2%.

Ratan Kumar Kesh, the interim MD & CEO said, "Bandhan Bank's strong performance in the second quarter reflects the momentum in quality growth with our focus on effective risk management and compliance."

The board approved the appointment of Partha Pratim Sengupta as the Managing Director & CEO of the bank for a period of three years with effect from November 01, 2024, subject to the approval of shareholders.


As of Sept 30, Bandhan Bank’s Capital Adequacy Ratio stood at 15.6%, as against a regulatory requirement of 11.5%.

Bandhan's distribution network covers nearly 6,300 outlets, and total customers stand at over 3.50 crore, serviced by nearly 80,000 employees.