Loan growth, higher return ratio hopes positive for Bandhan Bank

The operating expenses grew 21 per cent Y-o-Y but reduced 8 per cent Q-o-Q to Rs 1,590 crore, which was lower than expectations

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The PPOP assets are broadly unchanged at 4 per cent for FY24-26E. Despite the decline in slippages, the FY25-FY26 credit cost estimates at 2.3 per cent and 2 per cent are conservative and assume PCR rising to 75-80 per cent.

Devangshu Datta

3 min read Last Updated : Jul 29 2024 | 10:53 PM IST

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A big earnings beat drove the share price of Bandhan Bank up sharply. The bank reported a net profit of Rs 1,060 crore in Q1FY25, up 47 per cent year-on-year (Y-o-Y) due to controlled operating expenditure and provisions. The net Interest income (NII) grew 20.7 per cent Y-o-Y to Rs 3,010 crore which was in line with consensus. The net interest margin or NIM was stable Q-o-Q at 7.6 per cent.

The operating expenses grew 21 per cent Y-o-Y but reduced 8 per cent Q-o-Q to Rs 1,590 crore, which was lower than expectations. The cost to

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