Bandhan Bank Ltd. · NSE:BANDHANBNK
Bandhan Bank — Q4 FY2025 Earnings Presentation
43 slides from Bandhan Bank's earnings presentation, Apr 30, 2025
Slide 1: Investor Presentation Q4FY25
Investor Presentation Q4FY25 30th April, 2025
Slide 2: 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 3: Key Highlights
Key Highlights 3
Slide 4: Strategic Highlights
Strategic Highlights 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 footprin
Slide 5: Key Highlights: Q4FY25
Key Highlights: Q4FY25 Gross Advances Secured Book Non-EEB Book Share Of Non-East Asset Book ₹ 1,369.9 bn* 50.5% ₹ 801.9 bn^ 60.7% (9.8% YoY & 3.8% QoQ) (838 bps YoY & 152 bps QoQ) (28.7% YoY & 5.8% QoQ) (430 bps YoY & 50 bps QoQ) Total Deposit CASA Ratio Retail Deposits Share Of Non-East Liability
Slide 6: Business & Financial Overview
Business & Financial Overview 6
Slide 7: Gross Advances Mix
Gross Advances Mix All amount in ₹ Bn. Share of Loan Book 9.8% Wholesale 26.5% 26.1% 3.8% Banking 21.6% 8.0% 1,369.9 Retail 6.7% 1,320.2 4.5% 1,247.2 24.2% 363.4 Housing 24.7% 269.8 345.0 24.0% 55.8 87.6 110.2 14.9% 299.2 SBAL 15.2% 326.4 330.9 17.2% 26.3% EEB Group 27.3% 622.4 561.2 565.4 32.7% Mar
Slide 8: Emerging Entrepreneurs Business (EEB)
Emerging Entrepreneurs Business (EEB) Number of Active Borrowers (Mn) EEB Asset Growth (₹ in Bn) -9.2% 13.8 13.6 13.2 0.8% 622.5 561.2 565.4 Mar'24 Dec'24 Mar'25 215.0 EEB Loan Disbursement (₹ in Bn) 651.5 201.3 204.5 535.0 194.3 159.4 228.1 407.5 151.0 359.9 360.9 122.2 457.1 74.2 375.5 35.0 46.6 1
Slide 9: Housing Finance
Housing Finance All amount in ₹ Bn. Housing: Product wise break-up Borrowers Bifurcation – Mar’25 10.6% 1.0% Housing: Product wise share 1.4% 40.5% 0.8% 0.6% 0.6% 57.8% 6.1% 3.0% 326.4 330.9 8.7% 299.2 1.9 1.9 18.0% 15.1% 16.7% 19.8 9.8 2.4 26.1 59.6 0.7% 54.6 45.0 Salaried Professionals Self Employ
Slide 10: Wholesale Banking
Wholesale Banking All amount in ₹ Bn. Wholesale Banking: Product wise break-up FIG: 95% of exposure are A- & Above category (as per external rating) 34.7% Others AAA BBB+&Below 1% 5% 4% AA+ 5.3% A- 30% 5% 363.4 A 345.0 6% 18.7 AA 14.7 45.3 A+ 12% 269.8 49.8 17.0 14% 7.3 14.9 AA- 56.7 23% 106.4 122.4
Slide 11: Retail Assets
Retail Assets All amount in ₹ Bn. Retail Assets: Product wise break-up Retail Assets: Product wise share 3.0% 97.6% 6.1% 6.9% 24.5% 15.8% 21.6% 25.8% 19.1% 18.4% 17.2% 21.6% 19.2% 24.6% 110.2 7.6 29.5% 37.4% 35.1% 87.6 23.8 5.3 Mar'24 Dec'24 Mar'25 Vehicle Personal Gold TD-OD Others 13.9 55.8 19.0 1
Slide 12: Geographical Distribution of Loans & Advances
Geographical Distribution of Loans & Advances Share of Loans & Advances by States Share of Loans & Advances by Region 40% 41% 41% 7% 7% 7% 20% 8% 8% 8% 22% 22% 9% 7% 7% 12% 14% 14% 13% 24% 23% 23% 14% 15% 8% Mar'24 Dec'24 Mar'25 9% 9% West Bengal Maharashtra Bihar Gujarat MP Others 17% 16% 15% 5% 5%
Slide 13: Liabilities Profile
Liabilities Profile Deposits (₹ in Bn) CASA + Retail TD to Total Deposits (%) 11.8% 7.2% 69.4% 68.7% 68.9% 1,512.1 1,410.0 1,352.0 Mar'24 Dec'24 Mar'25 470.6 CASA (%) 414.0 442.0 37.1% 31.7% 31.4% 436.5 567.2 520.6 Mar'24 Dec'24 Mar'25 404.9 386.2 393.5 Average SA Balance (₹ in 000’) 96.6 61.2 80.9
Slide 14: Geographical Distribution of Liabilities
Geographical Distribution of Liabilities Share of Deposits by States Share of Deposits by Region 35% 35% 35% 4% 4% 4% 4% 4% 4% 14% 14% 13% 6% 6% 7% 11% 11% 10% 8% 8% 8% 13% 13% 13% 40% 40% 40% 11% 11% 12% 4% 4% 4% Mar'24 Dec'24 Mar'25 West Bengal Maharashtra Uttar Pradesh NCT of Delhi Odisha Others
Slide 15: Geographical Distribution of Banking Outlets
Geographical Distribution of Banking Outlets Focus on serving the rural & underbanked population Banking Outlets Banking Outlets as on 31st Mar’25 12 Banking Outlets 11% 34% 18% 6,297 6,297 6,309 37% 1,700 1,703 1,715 Metro Urban Semi-Urban Rural Share of Banking Outlets by Region 4,597 4,594 4,594
Slide 16: Asset Quality
Asset Quality 16
Slide 17: Segmental NPA and Credit Cost
Segmental NPA and Credit Cost Segmental GNPA movement (₹ in Bn) Credit Cost 64.4 61.8 2.7 2.4 7.2 11.9 5.8% 47.8 7.2 4.1% 3.9% 3.4% 2.9% 1.2 6.5 9.6 Q4FY24 Q3FY25 Q4FY25 FY24 FY25 4.9 Gross NPA and Net NPA 73.5% 73.7% 47.2 71.8% 41.0 4.7% 4.7% 32.1 3.8% 1.1% 1.3% 1.3% Mar'24 Dec'24 Mar'25 Mar'24 Dec
Slide 18: NPA movement
NPA movement All amount in ₹ Bn. Particulars Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 FY24 FY25 Opening GNPA (A) 81.4 47.8 53.0 61.0 61.8 53.0 47.8 Fresh Slippages (B) 10.2 8.9 11.1 16.2 17.5 51.0 53.8 Reductions (C) : - Recoveries & Upgrades 5.2 3.7 3.0 2.8 3.5 16.2 13.1 - Technical Write offs 38.5 - 0.1
Slide 19: EEB Collection Efficiency
EEB Collection Efficiency Top states Collection Efficiency for the Month Collection Efficiency for the Quarter States For Dec’24 For Mar’25 For Q3FY25 For Q4FY25 Excluding Arrears Excluding Arrears 109.5% 108.1% 97.8% 97.4% 112.9% West Bengal 98.8% 98.7% 98.8% 98.7% 93.0% 93.1% 106.7% 98.2% 97.5% 93
Slide 20: EEB DPD movement
EEB DPD movement SMA 0 SMA 1 ₹ 8.6 bn; ₹ 8.1 bn; 1.5% ₹ 6.6 bn; 1.4% 1.2% ₹ 5.2 bn; ₹ 3.8 bn; ₹ 4.0 bn ; 0.9% 1.1% Rest of India 0.6% 0.6% 1.9% 0.4% 1.6% 1.2% 0.7% 0.6% 2.3% 0.8% 0.6% 0.6% 0.5% 0.9% 0.4% Assam 0.5% 0.5% 0.7% 0.6% Mar'24 Dec'24 Mar'25 Mar'24 Dec'24 Mar'25 West Bengal SMA 2 NPA ₹ 47.2
Slide 21: EEB - Stress Pool and Vintage Analysis
EEB - Stress Pool and Vintage Analysis All amount in ₹ Bn. EEB Stress Pool - ₹ 58 Bn EEB Book - Vintage Analysis Qtr Disbursement SMA1* SMA2* NPA* Q4FY23 211 0.1% 0.1% 3.0% 47.2 Q1FY24 80 0.2% 0.1% 2.8% Q2FY24 169 0.3% 0.3% 3.7% Q3FY24 174 0.5% 0.5% 4.0% 5.2 Q4FY24 228 0.6% 0.7% 4.1% 5.1 Q1FY25 137
Slide 22: Strong focus on borrower's affordability – EEB Business
Strong focus on borrower’s affordability – EEB Business 61% 61% 64% 61% Lender Analysis 19% 19% 19% 21% 10% 10% 9% 10% 5% 5% 5% 5% 3% 2.5% 2.0% 2.1% 2% 2.2% 1.6% 1.7% Bandhan bank Bandhan + 1 Bandhan + 2 Bandhan + 3 Bandhan + 4 Bandhan + >4 June'24 Sep'24 Dec'24 Mar'25 ~92% of the Portfolio (as of M
Slide 23: Strict Controls, Sharp Underwriting to improve asset quality
Strict Controls, Sharp Underwriting to improve asset quality Strict Association Independent Credit Regular review Norms Function •Data Analytics driven past •Right score cut offs to •Assessment of Income credit behavior assessment, ensure consistent high and creditworthiness •~92% of book have quali
Slide 24: Financials
Financials 24
Slide 25: Financial Performance (1/2)
Financial Performance (1/2) All amount in ₹ Bn. Operating Profit 11.3% Net Interest Income -14.5% -22.3% 73.9 66.4 11.4% 18.4 20.2 15.7 Q4FY24 Q3FY25 Q4FY25 FY24 FY25 PAT 23.1% -3.6% 114.9 482.6% -2.1% 103.2 -25.4% 27.5 22.3 28.6 28.2 27.6 3.2 0.5 4.3 Q4FY24 Q3FY25 Q4FY25 FY24 FY25 Q4FY24 Q3FY25 Q4F
Slide 26: Financial Performance (2/2)
Financial Performance (2/2) Spread (Annualized) 13.8% 13.3% 13.1% 13.4% 13.5% 6.9% 6.9% 7.1% 6.2% 7.2% 5.9% 6.6% 6.8% 7.1% 6.4% Q4FY24 Q3FY25 Q4FY25 FY24 FY25 Yield Cost of funds (Excl Cap.) Spread Capital Adequacy Ratio NIM (Annualized) 18.7% 14.7% 14.5% 0.8% 0.9% 0.7% 7.6% 6.9% 7.3% 7.1% 6.7% 16.1
Slide 27: Break up of Non-Interest Income
Break up of Non-Interest Income All amount in ₹ Mn. Details of other Income Q4FY24 Q3FY25 Q4FY25 QoQ YoY FY24 FY25 YoY Processing Fees 3,283 1,928 2,403 24.6% -26.8% 9,428 8,294 -12.0% Third Party Income 1,285 946 1,594 68.5% 24.0% 2,835 3,857 36.0% Release of prov on redemption of SR (ARC) 800 418
Slide 28: Financial Performance
Financial Performance ROA & ROE (Annualized) Operating expenses to Average Assets (Annualized) ROA ROE 11.6% 4.1% 4.2% 4.1% 3.8% 4.0% 10.7% Q4FY24 Q3FY25 Q4FY25 FY24 FY25 7.0% Cost to Income Ratio 5.2% 54.5% 48.4% 48.5% 46.8% 48.9% 1.4% 1.5% 1.0% 0.9% 0.7% 0.1% Q4FY24 Q3FY25 Q4FY25 FY24 FY25 Q4FY24
Slide 29: Profit & Loss Statement
Profit & Loss Statement All amount in ₹ Bn. Particulars Q4FY24 Q3FY25 Q4FY25 QoQ YoY FY24 FY25 YoY Interest Income 51.9 54.8 54.3 -0.8% 4.7% 188.7 219.5 16.3% Interest expenses 23.3 26.6 26.8 0.5% 14.9% 85.5 104.6 22.3% Net Int. Income (NII) 28.6 28.2 27.6 -2.1% -3.6% 103.2 114.9 11.4% Non Interest
Slide 30: Balance Sheet
Balance Sheet All amount in ₹ Bn. Capital & Liabilities 31st Mar’24 31st Mar’25 % Change Capital 16.1 16.1 0.0% Employees stock options outstanding 0.4 2.5 456.5% Reserves & Surplus 199.5 227.5 14.0% Shareholder Funds 216.1 246.1 13.9% Deposits 1,352.0 1,512.1 11.8% Borrowings 163.7 111.4 -32.0% Oth
Slide 31: Credit Rating
Credit Rating Rating of Bank’s Financial Securities Amount Instrument Rating Rating Agency (₹ in Bn) RR1+ 0.04 Security Receipts w.r.t portfolio sale to ARC RR1 CRISIL 0.43 RR3 1.55 [ICRA]AA- (Stable) ICRA Non-Convertible Debenture # 12.95** CRISIL AA-/Stable CRISIL CRISIL A1+ CRISIL Certificate of
Slide 32: Digital Offering and Indices
Digital Offering and Indices 32
Slide 33: Traction evident on key digital indices
Traction evident on key digital indices 98% 93% 99%* 59% of retail transactions Saving Accounts Growth in RD volume are digital opened digitally # Digital Deposits booked digitally volume 80%* 35%* 41% * 58%* growth in Mobile Banking Growth in Login growth in Online growth in UPI activation In Corpo
Slide 34: Bandhan Bank has integrated with SBI ePay Payment Gateway Services
Bandhan Bank has integrated with SBI ePay Payment Gateway Services to enable payment services on government portals through Retail Internet Banking Make payments on wide range of online portals Steps to make payment on Govt. Portals Go to the specific government website (e.g. 01 GRIPS 2.0 etc.) and
Slide 35: Our Board & Management
Our Board & Management 35
Slide 36: Strong Independent Board
Strong Independent Board Board of Directors Dr. Anup Kumar Sinha Partha Pratim Sengupta Rajinder Kumar Babbar Non-executive (Independent) Chairman Managing Director & Chief Executive Officer Executive Director & Chief Business Officer - A career banker, with nearly four decades of experience in - Ha
Slide 37: Awards and accolades
Awards and accolades 37
Slide 38: Experienced and professional team… 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 Ratan Kumar Kesh Rajinder Kumar Babbar Executive Director & Chief Ope
Slide 39: Experienced and professional team… Core Management Team (2/2)
Experienced and professional team… Core Management Team (2/2) Amitava Goswami Sundeep Bhan Chief Compliance Officer Chief Risk Officer (Interim) • 30+ years experience in banking Industry • 30+ years of experience in banking industry. • Previously worked in leadership roles in Retail Banking and Ban
Slide 40: Awards and accolades
Awards and accolades Gallup Exceptional workspace Bandhan Bank received the 2025 Gallup Exceptional Workplace Award. We are among the only 70 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 41: Awards and accolades
Awards and accolades Assam Rising CSR Award: Your Bank has been awarded the 'Assam Rising CSR Award 2024-25' for its Corporate Social Responsibility initiatives across Assam. The award was presented at the 15th Assam Rising Youth Conclave at Dibrugarh University. DSCI Customer Excellence Award: Best
Slide 42: Awards and accolades
Awards and accolades Forbes Worlds Best Banks 2023 Bandhan Bank featured in Forbes World’s Best Banks list for the year 2023. Market research was conducted by leading firm ‘Statista’. 42
Slide 43: Thank You
Thank You For information contact: Vikash Mundhra, Head – Investor Relations investor.relations@bandhanbank.com