Bandhan Bank

** Shares of lenders IndusInd Bank INBK.NS, AU Small Finance Bank AUFI.NS, Bandhan Bank BANH.NS and Karur Vysya Bank KARU.NS rise on strong first-quarter updates

** Analysts say pre-earnings updates show strong loan growth in June quarter

** Morgan Stanley says most banks post faster year-on-year loan and deposit growth, broadly in line with system-level trends through mid-June

** Notes loan and deposit growth picked up on a seasonally adjusted basis for most lenders, while CASA ratios moderated and loan-to-deposit ratios increased as expected

** Overall, bank index .NSEBANK up 0.6%, with benchmark Nifty 50 .NSEI up 0.6%

** BANH leads gains among pack, rising 2.8%, trailed by INBK, which is up 2%

** AUFI and KARU climb 1.8% and 1.6%, respectively

** "Most of the banks which reported June quarter provisional numbers have met or exceeded our estimates," Piran Engineer of CLSA says

** "While overall growth has been strong, we remain watchful of the granularity within loan book expansion and potential impact of declining CASA ratios on margins," Engineer says

** YTD, BANH stock's 41.3% jump highest while AUFI's 8.3% climb the smallest

(Reporting by Kashish Tandon in Bengaluru)

(([email protected]))

July 3 (Reuters) - Bandhan Bank Ltd BANH.NS:

• BANDHAN BANK - TOTAL DEPOSITS AS OF JUNE-END UP 6.6% Y/Y

• BANDHAN BANK LTD- LOANS ADVANCES UP 16.4% Y/Y AS OF JUNE 30

Source text: ID:nBSEbWSMCn

Further company coverage: BANH.NS

(([email protected];))

Bandhan Bank's Executive President and Chief Financial Officer Rajeev Mantri has resigned to pursue another opportunity from a career growth perspective. Mantri tendered his resignation on June 29, 2026, and will continue in his role until September 25, 2026, completing a 90‑day notice period. He expressed gratitude to the managing director, board, and colleagues, noting that he is leaving with enriching experience from the bank's strategic transformation. The bank has not yet named a successor. Mantri's departure comes amid a broader period of change at the lender, which recently saw a promoter stake sale and ongoing asset‑quality clean‑up.

Powered by Tijori

June 29 (Reuters) - Bandhan Bank Ltd BANH.NS:

• BANDHAN BANK - CHIEF FINANCIAL OFFICER RAJEEV MANTRI RESIGNS EFFECTIVE SEPTEMBER 25, 2026

Source text: ID:nBSE7P1bnx

Further company coverage: BANH.NS

(([email protected];))

June 22 (Reuters) - Bandhan Bank Ltd BANH.NS:

• BANDHAN BANK - BOARD TO REVIEW CAPITAL PLAN ON JUNE 25, 2026

Source text: ID:nBSE6jCvLz

Further company coverage: BANH.NS

(([email protected];))

June 15 (Reuters) - Bandhan Bank Ltd BANH.NS:

• BANDHAN BANK - BOARD APPROVES SALE OF NPA PORTFOLIO WORTH 3.04 BILLION RUPEES

Source text: ID:nNSE343ksY

Further company coverage: BANH.NS

(([email protected];;))

** Shares of India's Bandhan Bank BANH.NS jump 10.58% to 197.56 rupees

** Stock is top gainer on Nifty Private Bank Index .NIFPVTBNK, which is up 0.44%

** The microfinance lender's quarterly net profit rises 68% y/y; provisions and contingencies down ~46.3%

** BOB Capital Markets lifts stock's PT by 37 rupees to 206 rupees, says company's return on assets is set to gradually improve to about 1.6% by FY29

** Emkay lifts PT by 40 rupees to 220 rupees, estimates company to deliver a RoA of 1.3%–1.7% over FY27-FY29, up from 0.6% in FY26

** Ambit lifts PT by 20 rupees to 150 rupees, and warns weak net interest margin expansion and geographically concentrated portfolio could keep credit costs elevated

** YTD, stock up ~34% vs Nifty Private Bank's decline of nearly 8%

(Reporting by Bipasha Dey in Bengaluru)

(([email protected];))

April 28 (Reuters) - Bandhan Bank Ltd BANH.NS:

• BANDHAN BANK Q4 NET PROFIT 5.34 BILLION RUPEES

• BANDHAN BANK Q4 GROSS GNPA 3.27%

• BANDHAN BANK Q4 INTEREST EARNED 54.28 BILLION RUPEES

• BANDHAN BANK Q4 PROVISIONS AND CONTINGENCIES 6.77 BILLION RUPEES

Source text: ID:nnAZN4ST4O1

Further company coverage: BANH.NS

(([email protected];;))

April 22 (Reuters) - Bandhan Bank Ltd BANH.NS:

• BANDHAN BANK LTD - RBI PRIOR APPROVAL FOR APPOINTMENT OF PART-TIME CHAIRMAN

• BANDHAN BANK - RBI GRANTED PRIOR APPROVAL FOR APPOINTMENT OF DEBASISH PANDA AS PART-TIME CHAIRMAN

Further company coverage: BANH.NS

(([email protected];))

** Shares of Bandhan Bank BANH.NS down 8% to 161.46 rupees, set to fall for third straight session

** 470,359 shares traded in a block deal on NSE at 11.5% discount to closing price on Friday

** Bandhan Bank's promoter Bandhan Financial Services is exploring exit options for its long-term investors, such as GIC Ventures and International Finance Corp, Economic Times had reported citing sources

** BANH clarifies not aware of any such development, and it has not received any communication

** Trading vols nearly 3x the 30-day average at 30 mln shares so far

** YTD, BANH up ~11%

(Reporting by Vijay Malkar)

(([email protected];))

March 9 (Reuters) - Bandhan Bank Ltd BANH.NS:

• CLARIFIES NO KNOWLEDGE OF SALE NEGOTIATIONS OR RELATED DEVELOPMENTS

Source text: ID:nBSE10qxpc

Further company coverage: BANH.NS

(([email protected];))

Feb 26 (Reuters) - Bandhan Bank Ltd BANH.NS:

• BANDHAN BANK - APPROVAL GRANTED TO SBI MUTUAL FUND TO ACQUIRE 'AGGREGATE HOLDING' OF UP TO 9.99% OF PAID-UP SHARE CAPITAL

• BANDHAN BANK - APPROVAL ACCORDED PURSUANT TO INFORMATION FURNISHED TO RBI

Source text: ID:nBSE1gG4dG

Further company coverage: BANH.NS

(([email protected];))

** Microfinance lender Bandhan Bank's BANH.NS shares rise as much as 5.78%, biggest intraday jump in seven months, to 150.7 rupees; last up 4%

** While BANH posted a 52% fall in December quarter profit Y/Y, multiple brokerages project a turn around in operating performance, improvement in asset quality and attractive valuations as positives

** "After five years of de-rating, valuations look reasonable and we upgrade to "buy" from "neutral"," says Motilal Oswal (PT at 175 rupees)

** "Margins were stable, a relief after two quarters of sharp decline," says global brokerage CLSA ("outperform", PT at 143 rupees)

** Emkay Global upgrades rating on co to "buy" from "add" earlier; PT at 180 rupees

** Given the recent correction and inexpensive valuations, we technically upgrade rating on co and recommend the stock to investors ready to endure near-term pain for long-term gain- Emkay

** Stock rated "hold" on avg by 25 analysts covering it; median PT at 173 rupees- data compiled by LSEG

** In 2025, BANH lost 8%

(Reporting by Komal Salecha in Bengaluru)

(([email protected]))

Jan 22 (Reuters) - Bandhan Bank Ltd BANH.NS:

• BANDHAN BANK Q3 NET PROFIT 2.06 BILLION RUPEES

• BANDHAN BANK Q3 GROSS NPA 3.33%

• BANDHAN BANK Q3 INTEREST EARNED 54.31 BILLION RUPEES

• BANDHAN BANK Q3 PROVISIONS AND CONTINGENCIES 11.55 BILLION RUPEES

Source text: ID:nnAZN4S2P41

Further company coverage: BANH.NS

(([email protected];;))

** Shares of Bandhan Bank BANH.NS rise ~1% to 151.04 rupees

** Microfinance lender to sell off its bad and written-off loan portfolios worth over 69 billion rupees (~$772 million)

** To use bidding and auction involving asset reconstruction companies to clean its balance sheet

** Co has grappled with higher bad loans in its micro-loan book over the last few quarters, forcing it to set aside more funds for potential bad loans

** Provisions and contingencies in the quarter ended Sept 30 almost doubled to 11.53 billion rupees

** Twenty five analysts have a "hold" rating on avg; median PT is 177.50 rupees - data compiled by LSEG

** YTD, BANH down 5.5%

($1 = 89.3830 Indian rupees)

(Reporting by Urvi Dugar in Bengaluru)

(([email protected];))

Adds detail all through

Aug 7 (Reuters) - India's AU Small Finance Bank AUFI.NS, on Thursday, got the banking regulator's 'in-principle' approval to transition into a universal bank, making it the first full-fledged banking licence issued in nearly a decade.

AU Small Finance Bank applied for the licence in September 2024, which would allow it to expand its operations, in terms of issuing bigger loans, taking on more customers and making subsidiaries, all of which are limited for small finance banks.

The Reserve Bank of India, also the country's banking regulator, first issued guidelines for small finance banks to transition into full-fledged banks in 2014 and then updated those guidelines with more detailed criteria in April last year.

These included a five-year track record of satisfactory performance, a net worth of 10 billion rupees ($114 million), meeting capital requirements, recent profitability and limited non-performing assets.

The last such license issued by the RBI was in 2015 to Kolkata-based Bandhan Bank, which was a microfinance firm then.

For the quarter ended June 30, AU Small Finance Bank reported a 16% year-on-year jump in net profit to 5.81 billion rupees, while its gross bad loans as a percentage of total loans stood at 2.47% compared to 1.78% a year earlier.

(Reporting by Ashwin Manikandan and Nishit Navin; Editing by Shailesh Kuber and Savio D'Souza)

(([email protected];))

** India's private banks' index .NIFPVTBNK down 3.5% in July, set for worst monthly decline since Oct 2024

** Sub-index also set for first monthly decline in five

** Drop intensified after subdued results from Axis Bank AXBK.NS, Kotak Mahindra Bank KTKM.NS, Bandhan Bank BANH.NS and IndusInd Bank INBK.NS, sparking asset quality concerns

** BANH and AXBK top monthly decliners on sub-index

** Seven of 10 stocks on sub-index log monthly losses

** Heaviest-weighted HDFC Bank HDBK.NS and ICICI Bank ICBK.NS up nearly 2% and 3% this month, respectively, on upbeat results

** Benchmark Nifty 50 .NSEI down 2.3% in July, set to snap four-month winning streak

** YTD, private banks index up 10% vs Nifty 50's 5.4% climb

(Reporting by Kashish Tandon in Bengaluru)

(([email protected]))

** Bandhan Bank BANH.NS falls 3.7% to 180.12 rupees; set for worst day in more-than five weeks

** Stock among top two pct losers on mid-cap index .NIFMDCP100, which is up 0.4%

** Private lender reports bigger-than-expected decline in Q1 profit on Friday, hit by spike in bad loan provisions as asset quality worsened

** At least five brokerages cut ratings post results, five hike ratings, per data compiled by LSEG

** Stock rated "buy" on avg; median PT is 200 rupees

** Jefferies cuts FY26 earnings estimates by 6%; Elara Capital says volatile financial performance, uncertainty around co's operating environment dampened investor confidence

** YTD, BANH gains ~13%

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

July 18 (Reuters) - Indian private lender Bandhan Bank BANH.NS reported a steeper-than-expected 65% drop in first-quarter profit on Friday, hit by a spike in bad loan provisions as its asset quality worsened.

Profit for the quarter ended June fell to 3.72 billion rupees ($43.2 million), from 10.63 billion rupees a year ago. Analysts had expected it to log a profit of 3.83 billion rupees, according to data compiled by LSEG.

Bandhan Bank, which transitioned from a microfinance lender to a universal bank in 2015, has grappled with higher bad loans in its micro-loan book over the last few quarters, forcing it to set aside more funds for potential bad loans.

Provisions and contingencies in the quarter jumped to 11.47 billion rupees from 5.23 billion rupees in the same quarter a year ago. They were, however, lower than the 12.6 billion rupees in the prior quarter.

Gross bad loans as a percentage of total loans, a measure of asset quality, rose to 4.96% in the quarter from 4.71% in the prior quarter. Fresh slippages, or bad loan additions, were at 15.5 billion rupees, sharply higher than 8.9 billion rupees in the year ago quarter.

The lender's net interest income dropped 8%, while the net interest margin contracted 117 basis points year-on-year to 6.4%.

($1 = 86.1250 Indian rupees)

(Reporting by Chandini Monnappa and Ananta Agarwal in Bengaluru; Editing by Mrigank Dhaniwala)

(([email protected]; https://www.linkedin.com/in/chandini-monnappa-8a37b013b/;))

** Shares of Bandhan Bank BANH.NS rise 2% to 190.9 rupees apiece

** UBS raises price target to 210 rupees from 165 rupees, reiterates "neutral" on the microfinance lender's stock

** UBS' new price target implies an upside of 12.2% over the last close

** UBS says industry trends are stabilising and sees gains from a gradual drop in credit costs

** The average rating of 25 analysts tracking BANH is "buy"; the median price target is 185 rupees, according to data compiled by LSEG

** BANH shares are up 17.7% in 2025 so far, outpacing the 13.8% rise in Nifty private bank index .NIFPVTBNK, exchange data shows

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))

June 20 (Reuters) - Bandhan Bank Ltd BANH.NS:

• RBI EXTENDS TERM OF ARUN KUMAR SINGH AS ADDITIONAL DIRECTOR

Source text: ID:nBSEh2Bkc

Further company coverage: BANH.NS

(([email protected];;))

** Shares of India's Bandhan Bank BANH.NS rise 3.1% to 180.3 rupees apiece

** CLSA says among microfinance lenders, BANH has outperformed larger rival IndusInd Bank INBK.NS as well as smaller peers on asset quality in the March quarter

** Brokerage reiterates high-conviction "outperform" rating on BANH

** Says BANH's annualised gross slippage ratio of 10% was significantly below Creditaccess Grameen CRDE.NS, Fusion Finance FUSN.NS and INBK

** Sees only marginal pain for BANH in terms of asset quality going forward, compared with peers

** CLSA reiterates "underperform" on CRDE and FUSN; CRDE shares down 0.8%, FUSN shares up 0.5%

** BANH shares up 10% in 2025 so far, mirroring the 12% rise in private bank index .NIFPVTBNK

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))

** Yes Bank YESB.NS rises 2.1%; State Bank of India SBI.NS gains 1.9%

** Japan's Sumitomo Mitsui Banking Corp (SMBC), a unit of Sumitomo Mitsui Financial Group 8316.T, said on Friday it will buy 20% stake in Yes Bank from SBI, other lenders

** YESB closed nearly 10% higher on Friday before deal was announced

** SMBC to acquire 13.19% stake from SBI and an aggregate of 6.81% from Axis Bank AXBK.NS, Bandhan Bank BANH.NS, Federal Bank FED.NS, HDFC Bank HDBK.NS, ICICI Bank ICBK.NS, IDFC First Bank IDFB.NS and Kotak Mahindra Bank KTKM.NS

** On Monday, around 318 mln YESB shares traded vs 30-day avg of ~129 mln

** YTD, YESB up 4%

(Reporting by Vijay Malkar and Hritam Mukherjee in Bengaluru)

(([email protected];))

** Shares of Bandhan Bank BANH.NS fall as much as 3.3% to 151.51 rupees

** Private lender on Thursday said its Q4 loans and advances grew 10.6% Y/Y

** Collection efficiency for emerging entrepreneur business (EEB) loans stood at 97.7%, co said

** Brokerage Jefferies says BANH Q4 loan growth tad slower vs 15% in Q3

** EEB collection stable but below normalised levels of 98-99% reflecting stress in sector - Jefferies

** Share price below 100-day and 200-day exponential moving averages

** Avg rating of 26 analysts equivalent of "buy", median PT is 170 rupees - data compiled by LSEG

** Stock down 3.8% YTD

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

March 26 (Reuters) - Bandhan Bank Ltd BANH.NS:

• BANDHAN BANK - GETS TAX DEMAND OF 1.19 BILLION RUPEES

Source text: ID:nNSE3RKzzM

Further company coverage: BANH.NS

(([email protected];))

Corrects to Thursday from Wednesday in first paragraph

Feb 27 (Reuters) - Shares of most Indian financial companies, especially those of non-bank and microfinance-focussed lenders, jumped on Thursday after the central bank further eased its capital requirements for micro loans and bank credit.

Financial stocks .NIFTYFIN, which include non-bank finance companies (NBFCs), jumped about 1%, outpacing the 0.7% increase in banking stocks .NSEBANK. The benchmark Nifty 50 .NSEI, in comparison, was flat.

The Reserve Bank of India, on Tuesday, trimmed the higher capital requirements introduced in November, the latest in a series of growth-supportive measures since Sanjay Malhotra took over as governor in December.

Under his watch, the RBI has eased liquidity, delayed some regulations and loosened restrictions placed on some lenders.

"We think this bodes well for the financial sector and lays more emphasis on consumption and growth ... and (we) reiterate our bullish view," Macquarie analyst Suresh Ganapathy said in a note.

On the day, Bandhan Bank BANH.NS gained 6%, while Shriram Finance SHMF.NS, AU Small Finance Bank AUFI.NS and Ujjivan Small Finance Bank UJJI.NS rose about 5% each.

Cholamandalam Investment and Finance CHLA.NS and Aditya Birla Capital ADTB.NS advanced 4.5% each. Bajaj Finance BJFN.NS rose 2.7% and IndusInd Bank INBK.NS gained 2%.

In comparison, top private lenders such as ICICI Bank ICBK.NS and HDFC Bank HDBK.NS were up under 1%.

The RBI's move should help most NBFCs' earnings, Morgan Stanley analysts said, picking Aditya Birla Capital, PNB Housing, Shriram Finance and Bajaj Finance as top beneficiaries.

Nomura analysts said banks with higher microfinance loan exposure, such as Bandhan Bank, IndusInd and AU Small Finance Bank, would also get much needed relief.

Since the rules were implemented in November, Aditya Birla Capital's shares had slid 16%, while AU Small Finance Bank and IndusInd Bank sank 28% and 31%, respectively. The worst hit, with a 38% tumble, was Bandhan Bank -- the day's top gainer.

However, Axis Bank Chief Economist Neelkanth Mishra cautioned that a reversal in the broad-based slide in loan growth -- caused by high liquidity costs and the RBI's discomfort with high loan-to-deposit ratios -- could take time.

"While these (RBI) signals should help revive lending, we believe the binding constraint remains durable liquidity."

(Reporting by Sethuraman NR; Editing by Savio D'Souza)

(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))

Dec 31 (Reuters) - Bandhan Bank Ltd BANH.NS:

• BANDHAN BANK LTD - RBI APPROVES RE-APPOINTMENT OF ANUP KUMAR SINHA AS NON-EXECUTIVE CHAIRMAN

Source text: ID:nBSEQ9JxK

Further company coverage: BANH.NS

(([email protected];))

By Siddhi Nayak

MUMBAI, Nov 8 (Reuters) - Indian lenders are bracing for another wave of defaults in their microfinance portfolios in the second half of the fiscal year after the banking regulator recently further tightened rules for such loans, four bankers said.

The default rates in microfinance loans -- collateral-free loans to those with annual income of up to 300,000 rupees ($3,556) -- had already jumped, as evidenced in the July-September results of IndusInd Bank INBK.NS, Kotak Mahindra Bank KTKM.NS, RBL Bank RATB.NS and Bandhan Bank BANH.NS.

The Reserve Bank of India (RBI), both the central bank and banking regulator, has previously publicly flagged unfair practices in the sector, including "usurious" interest rates and "unreasonably high" processing fees.

Last month, in its latest move, the RBI asked lenders to stop issuing new microfinance loans to borrowers unless they have cleared previous loans, three of the bankers said.

This, however, was conveyed informally, the bankers said, and could lead to cascading defaults as some borrowers will fail to repay dues without fresh credit. Banks offered such "netting off" of loans since many borrowers don't have a steady source of income, one banker said.

The RBI did not respond to an email from Reuters. Three bankers declined to be identified as they are not authorised to speak to the media.

Now, as the cessation of the netting-off impact starts playing out, loan installments will start spiraling and the stress in the sector should continue this quarter, said Venkatesh M, managing director of IIFL Samasta Finance.

"We are still not out of it."

The impact could last even longer, according to Gaurav Dua, senior vice-president and head of capital market strategy at Sharekhan by BNP Paribas.

"As regulations become stricter, stress will creep up and be prolonged. We think that this could play out for the next 4-6 months," Dua said.

Banks and non-bank lenders compete in the microfinance market, which has led to rapid growth in the availability of such credit. The total outstanding of such loans jumped by 18.3% on-year as of June-end, per latest data from industry body MFIN.

The RBI's instruction to stop netting off, one banker said, was to prevent evergreening loans -- in which banks extend new credit to borrowers unable to repay an existing loan, thereby concealing the true status of non-performing assets (NPAs) or bad loans.

($1 = 84.3680 Indian rupees)

(Reporting by Siddhi Nayak; Editing by Savio D'Souza)

(([email protected]; +91 22 6921 7848; Reuters Messaging: X: https://twitter.com/siddhiVnayak))

** Shares of Bandhan Bank Ltd BANH.NS rise as much as 9.7% to 184.48 rupees

** Private lender reported a 30% y/y rise in Q2 net profit to 9.37 bln rupees; Q2 interest earned rose 22.4%

** Jefferies says BANH beat est., quality of MFI (microfinance) loans has held-up well; confirming assessment bank can outperform peers in this MFI-cycle; maintains "buy"

** Adds, cut earnings estimates by 1-4% to factor tad lower NIMs, higher credit costs for FY25-27; Partha Sengupta's appointment as CEO should bode well for performance and investor comfort

** BANH profit growth mainly led by higher other income and lower than expected provisions – better than some peers that posted sharp earning downgrades; retains "reduce" - Emkay

** Mean rating of 27 brokerages rating the stock is "buy"; their median PT is 218.50 rupees - LSEG data

** BANH last up 8%; down 24.7% YTD so far

(Reporting by Meenakshi Maidas in Bengaluru)

(([email protected];))

Oct 25 (Reuters) - Bandhan Bank Ltd BANH.NS:

• BANDHAN BANK Q2 NET PROFIT 9.37 BILLION RUPEES; IBES PROFIT EST. 9.19 BILLION RUPEES

• BANDHAN BANK Q2 GROSS NPA 4.68%

• BANDHAN BANK Q2 INTEREST EARNED 55 BILLION RUPEES

• BANDHAN BANK Q2 PROVISIONS AND CONTINGENCIES 6.06 BILLION RUPEES

• BANDHAN BANK Q2 NET NPA 1.29%

Source text for Eikon: [ID:]

Further company coverage: BANH.NS

(([email protected];))