'Bandhan Bank has reported 65% decline in net profit at Rs 371.96 crore for the quarter ended June 2025 (Q1FY2026). The bank has posted 8% fall in net interest income (NII), while the core fee income of the bank rose 1% in Q1FY2026. The Net Interest Margin (NIM) of the bank dipped to 6.40% in Q1FY2026 compared to 7.60% in the corresponding quarter of previous year.
On business front, the bank as has posted 11% growth in business with 6% rise in loan book. The asset quality of the bank has weakened in Q1FY2026. Bank has substantially reduced the credit to deposit ratio to 86.4% at end June 2025 from 94.3% at end June 2024. However, the CASA ratio of the bank has declined to 27.1% at end June 2025 from 33.4% at end June 2024.
Asset quality under pressure: The bank has shown moderation in the asset quality in Q1FY2026.
The fresh slippages of loans stood at Rs 1550 crore in Q1FY2026 compared with 1750 crore in previous quarter and Rs 890 crore in the correspondin...
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