Bandhan Bank announced Q3FY25 results The Bank’s net revenue as of Q3FY25 was Rs 3,926 crore as compared to Rs 3,071 crore in Q3FY24; a growth of 28% YoY. Net interest income (NII) as of Q3FY25, stood at Rs 2,830 crore compared to Rs 2,525 crore as of Q3FY24, representing a growth of 12% YoY. Net Interest Margin (NIM) for the quarter was 6.9% compared to 7.2% in Q3FY24. Operating Profit was Rs 2,021 crore in Q3FY25 compared to Rs 1,655 crore in Q3FY24, up 22% YoY. The provisions (other than tax) & contingencies charged to the Profit and Loss for Q3FY25 were at Rs 1376 crore compared to Rs 684 crore in Q3FY24. The profit after tax for Q3FY25, stood at Rs 426 crore compared to Rs 733 crore, registering a de-growth of 42% YoY; Bank’s RoA stood at 0.9% and RoE at 7% for the quarter (annualised basis). Asset Quality The collection efficiency for EEB loans was marginally lower at 97.4% for Q3FY25 Provision Coverage Ratio (Including Technical Write-offs) as of December 31, 2024, is 85.4% vs. 70.2% in the previous year. Deposits: As of December 31, 2024, total deposits stood at Rs 1.41 lakh crore as against Rs 1.17 lakh crore in the previous year – a growth of 20% YoY. CASA Deposits stood at Rs 44,735 crore and CASA Ratio stood at 32%, CASA + Retail TD to total deposit ratio stands at around 69%. Advances: As of December 31, 2024, Gross Advances stood at Rs 1.32 lakh crore as against Rs 1.16 lakh crore in the previous year – a growth of 14% YoY. On a YoY basis, Retail book (other than housing) grew 95%, Commercial Banking grew 38%, and the Housing book showed a growth of 13% (19% YoY excluding IBPC). Distribution Network The Bank’s distribution network spans nearly 6,300 outlets. The Bank currently has nearly 78,400 employees. Partha Pratim Sengupta, MD & CEO, Bandhan Bank, said: "Bandhan Bank’s performance in the third quarter reflects sustainable growth, with a strong focus on risks and compliance. Our continued success is built on the trust of our customers and the hard work of our employees. With growth in our loan book and a focus on technological innovation, improving processes, and strengthening our products and teams, Bandhan Bank is well-positioned for the next phase of growth as we evolve into Bandhan Bank 2.0." Result PDF