Bandhan Bank's Q4 net profit increased six-fold to ₹312.00 crore, driven by lower provisions. However, the Non-Performing Asset ratio rose to 4.71%. For FY25, the bank reported a 23% year-on-year increase in Profit After Tax to ₹2,745.00 crore. Gross advances grew by 10%, with secured advances increasing by 32%. The bank's focus on diversifying its loan portfolio is evident, with retail and wholesale banking segments showing strong growth. Despite profit growth, asset quality remains a concern with a GNPA ratio of 4.70%.
28Apr 25
Bandhan Bank to Unveil Q4 Results and Consider Dividend on April 30
Bandhan Bank will declare its Q4 and FY 2024-25 financial results on April 30. The Board will consider recommending a dividend. An earnings call is scheduled for 4:00 PM the same day. The trading window for insiders remains closed until 48 hours after the results declaration.
04Apr 25
Bandhan Bank Reports Robust Growth in Q4 FY25: Loans and Deposits Surge
Bandhan Bank's Q4 FY25 business update shows significant growth across key metrics. Loans and advances increased by 10.6% YoY to ₹1,37,902.00 crore. Total deposits grew by 11.8% YoY to ₹1,51,209.00 crore. CASA deposits stood at ₹47,436.00 crore, with a CASA ratio of 31.4%. Retail deposits, including CASA, increased by 11% YoY to ₹1,04,153.00 crore. Collection efficiency improved across segments, and the bank's Liquidity Coverage Ratio was approximately 177.54%.
03Apr 25
Bandhan Bank Reports Robust Growth in Q4 FY25: Loans and Deposits Surge
Bandhan Bank's Q4 FY2024-25 update shows significant growth with loans and advances up 11% YoY to ₹137,902 crore, and total deposits increasing 12% YoY to ₹151,209 crore. Retail term deposits surged 29.90% YoY, while CASA deposits decreased 5.40% YoY but grew 6% QoQ. The bank's performance indicates resilience and expansion in core business areas.
27Mar 25
Bandhan Bank Faces ₹119.38 Crore Tax Demand from Income Tax Department
Bandhan Bank has received a tax demand of ₹119.38 crore from the Income Tax Department for the Assessment Year 2023-24. The demand stems from disallowances of certain expenditures and deductions. The bank plans to appeal the order and believes it has strong grounds to contest the demand. While asserting no immediate financial impact, Bandhan Bank is engaging with investors and has announced a trading window closure ahead of upcoming financial results.
26Mar 25
Bandhan Bank Faces ₹119.38 Crore Tax Demand, Appeals Process Underway
Bandhan Bank received a tax demand of ₹119.38 crore from the Income Tax Department for the Assessment Year 2023-24. The demand stems from disallowances of certain expenditures and deductions. The bank plans to appeal against the order, expressing confidence in its position. Bandhan Bank assures no immediate financial impact and expects a substantial reduction in the demand through the appeals process.