Bandhan Bank Ltd. · NSE:BANDHANBNK
Bandhan Bank — Q3 FY2026 Earnings Presentation
43 slides from Bandhan Bank's earnings presentation, Jan 22, 2026
Slide 1: Stock exchange cover letter
Ref. No.: BBL/SEC/193/2025-26 January 22, 2026 BSE Limited National Stock Exchange of India Limited Dept. of Corporate Services The Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai - 400 001 Mumbai - 400 051 BSE Scrip
Slide 2: Investor Presentation Q3FY26
Investor Presentation Q3FY26 22nd Jan 2026
Slide 3: Disclaimer
Disclaimer • This presentation is confidential and may not be copied, published, distributed or transmitted. The information in this presentation is being provided by Bandhan Bank Limited (also referred to as ‘Bank’). By attending a meeting where this presentation is made, or by reading this present
Slide 4: Key Highlights
Key Highlights 3
Slide 5: Strategic Highlights: Q3FY26
Strategic Highlights: Q3FY26 Strong Outreach Universal Bank with Customer Centricity & Capital & Liquidity Productivity & Efficiency Capabilities diversified portfolio Digitization Focus on workforce upskilling Comprehensive financial Seamless customer journeys Strong Capital adequacy and Deepening
Slide 6: Key Highlights: Q3FY26
Key Highlights: Q3FY26 Gross Advances Secured Book Non-EEB Book Share Of Non-East Advances ₹ 1,452.2 bn* 56.7% ₹ 951.5 bn 62.4%^ (10.0% YoY & 3.7% QoQ) (779 bps YoY & 183 bps QoQ) (25.4% YoY & 7.7% QoQ) (131 bps YoY & 4 bps QoQ) Total Deposit CASA Ratio Retail Deposits Share Of Non-East Deposits ₹ 1
Slide 7: Business & Financial Overview
Business & Financial Overview 6
Slide 8: Gross Advances Mix
Gross Advances Mix All amount in ₹ Bn Share of Loan Book 10.0% 1.4% 3.7% IBPC 1.4% 1.5% Wholesale 31.4% 1,452.2 29.2% 1,400.4 Banking 26.1% 1,320.2 20.0 20.0 9.5% 19.8 Retail 8.9% 6.7% 408.2 456.3 345.0 23.2% Housing 23.6% 87.6 124.3 137.6 23.2% 306.6 12.1% 330.6 337.5 SBAL 13.3% 15.2% 22.4% EEB Gro
Slide 9: Emerging Entrepreneurs Business (EEB)
Emerging Entrepreneurs Business (EEB) EEB Asset Growth (₹ in Bn) Number of Active Borrowers (Mn) -10.8% -3.2% 13.6 12.8 12.5 561.2 517.3 500.8 Dec'24 Sep'25 Dec'25 201.3 186.2 176.2 EEB Loan Disbursement (₹ in Bn) 137.3 141.7 122.2 38.1 39.3 359.9 35.0 331.1 324.6 87.3 99.2 102.5 Dec'24 Sep'25 Dec'2
Slide 10: Housing Finance
Housing Finance All amount in ₹ Bn Housing: Product wise break-up Borrowers Bifurcation – Dec’25 Housing: Product wise share 10.1% 41.5% 2.1% 0.6% 0.7% 0.7% 57.1% 17.8% 19.9% 21.1% 330.6 337.5 306.6 2.3 1.4% 2.2 1.9 71.4 Salaried Professionals Self Employed 65.8 54.6 Housing Asset Disbursements 81.6
Slide 11: Retail Assets
Retail Assets All amount in ₹ Bn Retail Assets: Product wise break-up Retail Assets: Product wise share 57.1% 6.1% 9.0% 9.9% 15.8% 16.9% 16.4% 10.8% 19.1% 17.8% 18.4% 137.6 21.6% 18.8% 17.8% 124.3 13.6 37.4% 37.5% 37.5% 11.1 22.5 87.6 21.0 Dec'24 Sep'25 Dec'25 Vehicle Personal Gold TD-OD Others 25.4
Slide 12: Wholesale Banking
Wholesale Banking All amount in ₹ Bn Wholesale Banking: Product wise break-up FIG, H&E: 94% of outstanding are A- & Above category (as per external rating) As on 31st Dec’25 32.3% BBB+&Below Others AAA 5% 1% 3% A A- 2% AA+ 11.8% 8% 22% A+ 456.3 10% 408.2 29.4 29.6 345.0 24.8 20.4 36.8 AA AA- 14.7 18
Slide 13: Geographical Distribution of Loans & Advances
Geographical Distribution of Loans & Advances Share of Loans & Advances by States Share of Loans & Advances by Region 41% 41% 42% 7% 7% 7% 8% 7% 7% 22% 22% 22% 7% 7% 6% 14% 15% 15% 23% 23% 23% 14% 16% 17% Dec'24 Sep'25 Dec'25 9% 9% 9% West Bengal Maharashtra Bihar Gujarat MP Others 16% 15% 14% 5% 5%
Slide 14: Deposits
Deposits Deposits (₹ in Bn) Retail Deposits* (%) 11.2 % 68.7% 70.9% 72.4% -0.9 % 1,580.7 1,567.2 Dec'24 Sep'25 Dec'25 1,410.0 *CASA + Retail TD CASA (%) 459.5 433.0 442.0 31.7% 28.0% 27.3% 679.2 706.9 520.6 Dec'24 Sep'25 Dec'25 Average SA Balance per Account (₹ in 000’) 386.2 365.3 347.3 61.2 76.8 8
Slide 15: Geographical Distribution of Deposits
Geographical Distribution of Deposits Share of Deposits by States Share of Deposits by Region 35% 33% 33% 14% 15% 15% 4% 4% 4% 4% 4% 4% 7% 7% 6% 8% 7% 7% 11% 12% 12% 13% 12% 12% 40% 40% 40% 11% 12% 12% 4% 4% 4% Dec'24 Sep'25 Dec'25 West Bengal Maharashtra Uttar Pradesh NCT of Delhi Odisha Others 50%
Slide 16: Average Balances – Advances & Deposits
Average Balances – Advances & Deposits All amount in ₹ Bn Advance Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 QoQ % YoY % EEB 580.5 557.5 543.1 520.5 516.0 -0.9% -11.1% Housing Finance 298.7 310.8 321.3 326.6 332.4 1.8% 11.3% Retail Assets 67.4 79.1 89.0 97.1 108.5 11.7% 61.1% Wholesale Banking 320.4 342.0 3
Slide 17: Geographical Distribution of Banking Outlets
Geographical Distribution of Banking Outlets Banking Outlets Regional Diversification with Strong SU-RU Presence Banking Outlets as on 31st Dec’25 Additional 70 Banking Outlets 11% 34% 18% Metro Urban 6,297 6,347 6,367 37% Semi Urban Rural 1,703 1,754 1,831 Share of Banking Outlets by Region 4,594 4
Slide 18: Asset Quality
Asset Quality 17
Slide 19: Segmental NPA and Credit Cost
Segmental NPA and Credit Cost Segmental GNPA movement (₹ in Bn) Credit Cost 70.2 3.0 4.1% 61.8 3.4% 3.3% 3.4% 8.7 2.6% 2.4 11.9 9.1 48.0 Q3FY25 Q2FY26 Q3FY26 9MFY25 9MFY26 6.5 3.3 Gross NPA and Net NPA 5.0 74.2% PCR incl. 74.6% 74.2% 9.7 SR 73.5% 73.7% 70.8% PCR 49.4 4.7% 5.0% 41.0 30.1 3.3% 1.3% 1.
Slide 20: NPA movement
NPA movement All amount in ₹ Bn Particulars Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 FY24 FY25 Opening GNPA (A) 61.0 61.8 64.4 66.2 70.2 53.0 47.8 Fresh Slippages (B) 16.2 17.5 15.5 15.9 13.1 51.0 53.8 Reductions (C) : - Recoveries & Upgrades 2.8 3.5 3.2 3.2 3.5 16.2 13.1 - Technical Write offs 12.7 11.4
Slide 21: EEB Collection Efficiency
EEB Collection Efficiency Top states Collection Efficiency for the Month Collection Efficiency for the Quarter States Sep’25 Dec’25 Q2FY26 Q3FY26 Excluding Arrears Excluding Arrears 110.1% 109.8% 98.2% 98.1% 111.2% West Bengal 97.5% 98.0% 98.4% 98.3% 110.5% 93.1% 92.3% 98.0% 97.5% 94.3% 91.8% Assam
Slide 22: EEB DPD movement
EEB DPD movement SMA 0 SMA 1 ₹ 15.8 bn; ₹ 5.7 bn; ₹ 6.6 bn; 3.1% ₹ 13.3 bn; ₹ 5.3 bn; 1.1% 1.2 % 2.7% 1.0% 1.8% Rest of India ₹ 8.1 bn; 2.0% 1.3% 1.0% 1.4 % 0.8% 1.6% 1.1% 0.6% 0.6% 1.9% 4.9% 4.6% 0.6% Assam 0.6% 1.0% 1.4% 0.9% 0.7% Dec'24 Sep'25 Dec'25 Dec'24 Sep'25 Dec'25 West Bengal SMA 2 NPA ₹ 4
Slide 23: EEB - Stress Pool and Vintage Analysis
EEB - Stress Pool and Vintage Analysis All amount in ₹ Bn EEB Stress Pool – ₹ 39.9 Bn EEB Book - Vintage Analysis Qtr Disbursement SMA1* SMA2* NPA* 30.1 Q3FY24 174.3 0.1% 0.1% 1.4% Q4FY24 228.1 0.3% 0.2% 2.3% Q1FY25 137.2 0.4% 0.3% 2.9% 5.7 4.1 Q2FY25 124.5 0.6% 0.5% 3.1% Q3FY25 122.2 0.7% 0.5% 2.8%
Slide 24: Asset Quality: Strong focus on borrower affordability
Asset Quality: Strong focus on borrower affordability 63.0% 64% 59.4% 61% 58.8% 61% 61% 22.0% 20.8% 20.7% 21% 19% 19% 19% 10.7% 10.5% 10.4% 10% 10% 10% 9% 5.2% 5.4% 3.3% 5% 5% 5% 5% 2.5% 2.1% 0.8% 1.9% 2.3% 3% 2% 0.3% 2% 2% 2% 2% 2% 2% Bandhan bank Bandhan + 1 Bandhan + 2 Bandhan + 3 Bandhan + 4 Ban
Slide 25: Financials
Financials 24
Slide 26: Financial Performance (1/2)
Financial Performance (1/2) All amount in ₹ Bn Operating Profit -24.0% Net Interest Income -28.5% -8.0% 10.3% 58.2 44.2 20.2 13.1 14.5 Q3FY25 Q2FY26 Q3FY26 9MFY25 9MFY26 PAT -4.5% -71.6% 87.3 3.8% 80.3 -51.7% 83.9% 24.3 28.1 25.9 26.9 2.1 6.9 4.3 1.1 Q3FY25 Q2FY26 Q3FY26 9MFY25 9MFY26 Q3FY25 Q2FY26
Slide 27: Financial Performance (2/2)
Financial Performance (2/2) Spread (Annualized) 13.3% 12.1% 13.6% 12.2% 11.9% 7.1% 6.2% 6.9% 6.7% 7.0% 6.6% 6.9% 5.2% 5.2% 5.3% Q3FY25 Q2FY26 Q3FY26 9MFY25 9MFY26 Yield Cost of funds (Excl Cap.) Spread Capital Adequacy Ratio NIM (Annualized) 18.2% 17.3% 14.5% 0.8% 0.8% 0.7% 7.3% 18.6% 17.8% 6.9% 17.
Slide 28: Break up of Non-Interest Income
Break up of Non-Interest Income All amount in ₹ Mn Details of other Income Q3FY25 Q2FY26 Q3FY26 QoQ YoY 9MFY25 9MFY26 YoY Processing Fees 1,928 1,937 2,148 10.9% 11.4% 5,891 5,783 -1.8% Third Party Income 946 1,234 1,275 3.3% 34.8% 2,263 3,347 47.9% P&L on Investment sale and Revaluation 269 187 254
Slide 29: Financial Performance
Financial Performance ROA & ROE (Annualized) Operating expenses to Average Assets (Annualized) ROA ROE 13.8% 4.2% 3.8% 3.9% 3.9% 3.8% Q3FY25 Q2FY26 Q3FY26 9MFY25 9MFY26 7.0% Cost to Income Ratio 3.6% 3.2% 58.2% 57.2% 55.8% 1.8% 1.8% 48.5% 47.1% 0.9% 0.2% 0.4% 0.5% Q3FY25 Q2FY26 Q3FY26 9MFY25 9MFY26
Slide 30: Profit & Loss Statement
Profit & Loss Statement All amount in ₹ Bn Particulars Q3FY25 Q2FY26 Q3FY26 QoQ YoY 9MFY25 9MFY26 YoY Interest Income 54.8 53.5 54.3 1.4% -0.9% 165.1 162.6 -1.5% Interest expenses 26.6 27.7 27.4 -0.8% 2.9% 77.8 82.3 5.7% Net Int. Income (NII) 28.1 25.9 26.9 3.8% -4.5% 87.3 80.3 -8.0% Non Interest In
Slide 31: Balance Sheet
Balance Sheet All amount in ₹ Bn Capital & Liabilities 31st Dec’24 31st Mar’25 31st Dec’25 YoY Capital 16.1 16.1 16.1 0.0% Employees stock options outstanding 2.3 2.5 3.1 33.3% Reserves & Surplus 224.2 227.5 231.8 3.4% Shareholder Funds 242.6 246.1 250.9 3.4% Deposits 1,410.0 1,512.1 1,567.2 11.2% B
Slide 32: Credit Rating
Credit Rating Rating of Bank’s Financial Securities Amount Instrument Rating Rating Agency (₹ in Bn) RR1+ 0.002 RR1 0.004 Security Receipts w.r.t portfolio sale to ARC CRISIL RR4 1.46 Unrated^ 4.73 [ICRA]AA- (Stable) ICRA Non-Convertible Debenture # 12.95** CRISIL AA-/Stable CRISIL CRISIL A1+ CRISIL
Slide 33: Digital Offering and Indices
Digital Offering and Indices 32
Slide 34: Traction evident on key digital indices
Traction evident on key digital indices 98% 92% 62% 89% of retail transactions CBDT Payments RD Saving Accounts are digital digitally Invested digitally opened digitally # 33%* 27%* 45%* 21%* Growth in Growth in Growth in UPI Growth in Savings Accounts Digital Deposits volume Bill Payments transacti
Slide 35: Enabling Faster, Safer & Smarter Digital Payments
Enabling Faster, Safer & Smarter Digital Payments Payment Gateway Integration with CIB Onboarded Razorpay as PG Partner Enabled Corporate Internet Banking (CIB) users to Expanded payment gateway partnerships to include BillDesk CashFree Razorpay make merchant payments via BillDesk and CashFree, Razo
Slide 36: Our Board & Management
Our Board & Management 35
Slide 37: Strong Independent Board
Strong Independent Board Board of Directors Partha Pratim Sengupta Rajinder Kumar Babbar Dr. Anup Kumar Sinha Managing Director & Chief Executive Officer Executive Director & Chief Business Officer Non-executive (Independent) Chairman - A career banker, with nearly four decades of experience in - Ha
Slide 38: Core Management Team (1/2)
Experienced and professional team… Core Management Team (1/2) Partha Pratim Sengupta Managing Director & Chief Executive Officer • 40+ years of experience in banking industry • Previously served as MD & CEO of Indian Overseas Bank Rajinder Kumar Babbar Ratan Kumar Kesh Executive Director & Chief Bus
Slide 39: Core Management Team (2/2)
Experienced and professional team… Core Management Team (2/2) Pramod Agarwal Hirak Sumatiprasad Joshi Head-Housing Finance & Mortgages-Products Head-Retail Assets • 27+ years of experience in Financial Service industry • 28+ years of experience in Banking industry • Previously served as Product Head
Slide 40: Awards and accolades
Awards and accolades 39
Slide 41: Awards and accolades
Awards and accolades Gallup Exceptional workspace Bandhan Bank received the 2025 Gallup Exceptional Workplace Award. We are among the only 62 organisations worldwide that have received this recognition, with this Bandhan Bank became two time winner. ET Edge and ET Now Award Bandhan Bank has been hon
Slide 42: Awards and accolades
Awards and accolades Marketing & Advertising Awards 2025 Double Win for Bandhan Bank Bandhan Bank has bagged two prestigious titles at the Adgully Marketing & Advertising Awards (MAA Awards) - Kolkata Edition 2025: For “Har Sapna Possible Hai” campaign ▪ BFSI Marketing Excellence Award ▪ Best CTV Ma
Slide 43: Thank You
Thank You For information contact: Vikash Mundhra, Head – Investor Relations investor.relations@bandhanbank.com