Bandhan Bank Ltd

Bandhan Bank Limited announced that its Board of Directors has granted 32,98,871 equity stock options (ESOPs) under the Bandhan Bank Employee Stock Option Plan Series 1. The options were granted at a price of Rs. 151.91 per option to eligible employees. These ESOPs will vest in tranches over four years, with 25% vesting annually. The exercise period for the options is a maximum of five years from the respective vesting dates. The plan is formulated under SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Bandhan Bank's standalone PAT for Q2 FY27 came in at ₹621.75 Cr, up 456% YoY from a depressed ₹111.87 Cr base and up 24% QoQ from ₹501.67 Cr. This comfortably beats the ₹480–520 Cr our pre-result preview flagged as the on-plan expectation — a clear street beat, with Street consensus (per that preview) also pencilling in FY27 EPS of ₹17.20, a target this quarter's ₹3.86 basic EPS (vs ₹0.69 YoY, ₹3.11 QoQ) keeps the bank on pace for. No fresh post-print brokerage estimates were available at filing time to cross-check further. The print is a provisioning story, not an operating one: pre-provision operating profit rose a far more modest 19% YoY to ₹1,556 Cr, while provisions & contingencies fell to ₹718 Cr from ₹1,153 Cr a year ago as asset quality healed — gross NPA improved to 3.1% from 5.0% and net NPA to 0.9% from 1.4% YoY, with the EEB (microfinance) book's collection efficiency at 99.3% and sequential improvement across SMA buckets. That shows up squarely in margins: net profit margin expanded sharply to 9.6% from 1.9% YoY (8.1% QoQ), while operating profit margin was essentially flat at 24.1% (24.5% YoY, 24.1% QoQ) — confirming the core banking spread did not drive the beat, the credit-cost normalization did. Revenue (interest earned) grew a steadier 7.5% YoY/2.2% QoQ to ₹5,753.56 Cr, and net interest income rose 14% YoY to ₹2,960 Cr. Against management's own prior guidance, the quarter is on track rather than ahead of plan: half-year NIM held at 6.2%, exactly matching what was guided despite flagged deposit-repricing pressure; credit growth came in at 13% YoY (secured advances +18%, now 57% of the book vs 55% a year ago) against a 14% FY27 target, with EEB growth at just 2% YoY lagging the 5–10% guided band; and half-year RoA (annualised) stands at 1.1%, still below the 1.2–1.4% band management is targeting by Q4FY27-exit, though PAT's sequential climb (₹502 Cr → ₹622 Cr) points the right direction. Capital adequacy stayed strong at 18.32% against an 11.5% requirement. Corporate-action noise this quarter — the interim CFO appointment (Sep 25), 18.75 lakh ESOP grant, and twin denials of First Abu Dhabi Bank acquisition talk and promoter-stake-sale rumours — shows no visible dent in these numbers. MD & CEO Partha Pratim Sengupta framed the quarter as reflecting 'healthy business growth, accelerating deposit mobilisation, improving the composition of our loan portfolio, protecting asset quality and steadily strengthening profitability' — consistent with the secured-book mix shift and the NPA improvement seen in the results, though the RoA and EEB-growth gaps versus guidance temper the 'steadily strengthening' framing to one of gradual, not yet complete, normalization.

Bandhan Bank Ltd has issued a clarification regarding a news item published on moneycontrol.com on October 27, 2026, which mentioned First Abu Dhabi Bank scouting for acquisitions in India and named Bandhan Bank as a potential target. The bank categorically denies any involvement in such discussions or proposals, stating that the reference is factually incorrect. Bandhan Bank emphasized its commitment to regulatory compliance.

Bandhan Bank Limited has announced that its Board of Directors will convene on October 28, 2026, in Kolkata. The primary agenda item is to consider and approve the Unaudited Financial Results for the second quarter (Q2) and the half-year ended September 30, 2026. In line with SEBI regulations, the trading window for designated persons and their relatives will remain closed from October 1, 2026, until 48 hours after the results are declared. Following the results announcement, the bank will host an earnings call for analysts and investors on the same day.

Bandhan Bank Limited announced on October 15, 2026, the grant of 18,75,514 equity stock options (ESOPs) under its Employee Stock Option Plan Series 1 to eligible employees. The grant price for these options is Rs. 168.58 per option. The ESOPs will vest in tranches over four years, with 25% vesting annually. The exercise period for these options is a maximum of five years from the respective vesting dates. This initiative is in line with SEBI regulations and aims to incentivize employees.

Bandhan Bank Ltd has issued a clarification regarding a news item published on Moneycontrol.com on October 13, 2026, which reported that Abu Dhabi's IHC was exploring the acquisition of a promoter stake. The bank stated that it is unaware of any such development and has not received any communication in this regard. Consequently, Bandhan Bank cannot comment on the accuracy of the news. The bank also clarified that it has disclosed all material information to the exchanges as required and is not aware of any unannounced information that could explain the recent 9.02% increase in its stock price. The bank attributes the price movement to market conditions. There is no material impact on the bank from this article.

Bandhan Bank Ltd has released its provisional unaudited financial figures for the quarter ended September 30, 2026. Loans and advances (on book + PTC) increased by 13.1% year-on-year to ₹158,335 Crore, with a 1.8% increase quarter-on-quarter. Total deposits grew by 9.2% YoY to ₹172,689 Crore, up 4.7% QoQ. CASA deposits saw a marginal increase of 4.3% YoY to ₹46,131 Crore, while retail term deposits rose by 16.8% YoY to ₹79,340 Crore. Retail deposits (including CASA) grew 11.9% YoY to ₹125,471 Crore. The bank's Liquidity Coverage Ratio (LCR) stood at approximately 137.88% as of September 30, 2026. Collection efficiency remained strong at 98.9% Pan Bank (excluding NPA) for both June and September 2026 months. These figures are provisional and subject to review.

Bandhan Bank Ltd. announced an update regarding its Analysts / Institutional Investors Meet held on September 28, 2026. The meeting, part of the Nuvama Emerging India CEO Conference, took place in Mumbai. A total of 19 institutions, including various asset management companies and insurance firms such as Aditya Birla Sun Life Insurance, ICICI Prudential Asset Management, and Tata Asset Management, attended the group meeting. This disclosure is in continuation of a previous communication and aims to keep stakeholders informed about the bank's engagement with the investment community.

Bandhan Bank Limited has updated its list of Key Managerial Personnel (KMP) authorized for determining and disclosing material events. This follows the appointment of Mr. Vinay Jain as the Interim Chief Financial Officer (CFO) and KMP, effective September 26, 2026, until March 31, 2027. The updated list clarifies the authorities for disclosure, including the Managing Director & CEO, Executive Directors, Company Secretary, and the Interim CFO.

Bandhan Bank Limited has announced the closure of its trading window for designated persons, their immediate relatives, auditors, and connected persons. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the bank's internal codes. The trading window will be shut from October 01, 2026, until 48 hours after the declaration of the bank's unaudited financial results for the second quarter ending September 30, 2026. The specific date for the board meeting to approve these results will be communicated later. This measure is standard practice to prevent potential insider trading ahead of financial result announcements.