Bandhan Bank Limited concluded a group meeting with select institutional investors and analysts in Singapore on August 06, 2026. The engagement, which followed the bank’s earlier intimation filed on August 01, 2026, aimed to provide updates on strategic direction and performance metrics to key stakeholders. This direct interaction allows management to address investor queries regarding the bank’s recent financial disclosures and future outlook.

The disclosure was submitted to the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE) in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Partha Pratim Sengupta, Managing Director and CEO of Bandhan Bank Limited, signed the disclosure confirming the completion of the event.

Event Details

The meeting took place as a single in-person session in Singapore. Below are the specifics of the engagement:

Participant Institutions

The following institutions participated in the group meeting:

• North Rock Capital Management (SG) Pte. Ltd
• Schonfeld Strategic Advisors
• Oxbow Capital Management (SG) Pte. Ltd

Presentation Materials

A copy of the presentation used during the meet is publicly available on the bank's official website at www.bandhan.bank.in . The document, titled "Investor-Presentation-Q1-FY-26-27-SED.pdf," provides detailed insights into the bank's Q1FY27 performance and outlook.

Bandhan Bank reported a 35% year-on-year rise in net profit to ₹502 crore for Q1FY27, driven by lower credit costs and stable net interest margins, while simultaneously revising its Q4FY27 return on assets (ROA) guidance downward to 1.2%–1.4% from the earlier target of 1.6%–1.8%. The bank attributed the guidance cut to external headwinds, specifically elevated funding costs and rising technology-related expenditures linked to global supply chain constraints, rather than internal operational issues.

The Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026, at a meeting held on July 21, 2026. Total income from operations stood at ₹6,234.38 crore, compared to ₹6,201.49 crore in the corresponding period of the previous year. Net interest income (NII) grew 5.9% YoY to ₹2,921 crore, with the net interest margin (NIM) holding steady at 6.2%. Management clarified that the 40 basis point reduction in ROA guidance stems from an approximate 30 basis point stretch in NIMs due to higher deposit rates and a 10 basis point stretch in operating expenses.

Key Financial Metrics

The table below summarises Bandhan Bank's key financial performance indicators for Q1FY27 compared to Q1FY26:

Asset Quality and Portfolio Mix

Asset quality improved sequentially, with Gross NPA declining to 3.1% from 3.27% in Q4FY26, and Net NPA improving to 0.9% from 0.97%. Fresh slippages increased modestly to ₹1,079 crore (₹10.8B) from ₹1,028 crore (₹10.3B) in the previous quarter. Within the EEB segment, slippages were ₹604 crore, down from ₹690 crore in Q4FY26. The provision coverage ratio, including technical write-offs, stood at 85.9% as of June 30, 2026.

The bank continued its diversification strategy, with non-EEB advances growing 27% YoY to constitute two-thirds of the loan book. Secured assets grew 27% YoY, now making up 57% of total advances. Retail deposits, including CASA and retail term deposits, grew 16% YoY, driving the CASA ratio to 29.4%. Conversely, bulk deposits declined 13% YoY, reducing their share to 26% of total deposits.

Management Guidance and Outlook

Managing Director Partha Pratim Sengupta stated that the medium-term strategic objective remains unchanged, but the timeline for achieving the earlier ROA aspiration may extend due to the prevailing external environment. Key factors cited include geopolitical developments in the Middle East affecting energy costs and technology supply chains, unpredictable monsoon patterns, and durable liquidity pressures leading to higher deposit rates despite no change in the repo rate.

Future ROA improvement is expected to be driven by other income growth (10–20 basis points uplift) and marginal improvements in credit costs. Operating expenses for the quarter rose 19% YoY to ₹2,166 crore, partly due to a one-time gratuity provision of ₹61 crore under the new wage code and increased IT costs, which now account for approximately 8% of total opex.

Governance Updates

The Board appointed Mr. Vinay Jain as Interim Chief Financial Officer and Key Managerial Personnel, effective September 26, 2026, succeeding Mr. Rajeev Mantri who resigns effective September 25, 2026. The term of Mr. Prakash E as Chief of Internal Vigilance was extended on an interim basis until September 30, 2026. The 12th Annual General Meeting is scheduled for August 24, 2026, with the dividend record date fixed as August 17, 2026.