Kolkata-based Bandhan Bank reported a 3.6% year-on-year decline in net interest income (NII) to ₹2,756 crore in Q4FY25, down from ₹2,860 crore a year ago. Net revenue stood at ₹3,456 crore, marginally lower than ₹3,560 crore in the same period last year.
Provisions dropped to ₹1,260 crore from ₹1,376 crore in the previous quarter. Operating profit fell 14.5% YoY to ₹1,571 crore.
Net interest margin (NIM) for the quarter was 6.7%.
Gross and net non-performing assets were largely unchanged compared to the preceding three months, at 4.7% and 1.3%, respectively. Low-cost deposits, reflected by the current account and savings account (CASA) ratio, fell sharply to 31.4% at the end of March, compared to 37.09% a year earlier.
CASA is one of the cheapest sources of funds for any lender.
The management said it expects the cost of credit to remain high at least until September 2025.
For the full year ended March 2025, gross advances grew 10% to ₹1.37 lakh crore, whereas total deposits rose 12% to ₹1.51 lakh crore.
Net interest margin stood at 7.1%, the lowest in at least last six years. Provision coverage ratio at 86.5%.
For FY25, Bandhan Bank’s net revenue grew 16% YoY to ₹14,458 crore, while NII rose 11% to ₹11,491 crore. Operating profit increased 11% to ₹7,389 crore.
The board has declared a dividend of ₹1.5 per share.
The bank has more than 6,300 outlets and nearly 75,000 employees, according to the latest statement.
Shares of Bandhan Bank have declined about 2.9% over the last five trading sessions
First Published: Apr 30, 2025 4:01 PM IST
