Bandhan Bank Q4FY26 PAT Surges 68% YoY to ₹534 Crore, Asset Quality Improves

Bandhan Bank reported strong financial performance for Q4FY26, with the Board of Directors approving audited financial results on April 28, 2026. The bank demonstrated significant improvement in profitability with profit after tax increasing 68% year-on-year to ₹534 crore from ₹318 crore in the same period last year. The latest data shows Q4 revenue at ₹5,428 crore compared to ₹5,433 crore in the previous year. The Board also recommended a dividend of ₹1.50 per equity share (15%) for shareholder approval at the upcoming Annual General Meeting.

Financial Performance Highlights

The bank's Q4FY26 results demonstrated significant improvement in profitability and operational efficiency:

Financial Metric: Q4FY26 Q4FY25 Growth (%) Profit After Tax: ₹534 crore ₹318 crore +68.00% Revenue: ₹5,428 crore ₹5,433 crore -0.09% Net Interest Income: ₹2,796 crore ₹2,756 crore +1.40% Net Total Income: ₹3,567 crore ₹3,456 crore +3.20% Operating Profit: ₹1,441 crore ₹1,445 crore -0.30%

Asset Quality Improvement

Bandhan Bank continued to strengthen its asset quality during Q4FY26, with both gross and net non-performing asset ratios showing improvement on both yearly and quarterly basis:

Asset Quality Metric: Q4FY26 Previous Period Trend GNPA Ratio (YoY): 3.27% 4.70% Improved GNPA Ratio (QoQ): 3.27% 3.33% Improved NNPA Ratio (YoY): 0.97% 1.30% Improved NNPA Ratio (QoQ): 0.97% 0.99% Improved PCR (incl. SR): 84.90% - -

Board Decisions and Dividend Recommendation

The Board meeting, held on April 28, 2026, approved the audited financial results for Q4 and FY26. The recommended dividend of ₹1.50 per equity share represents a 15% dividend on shares with face value of ₹10 each. The dividend will be paid after shareholder approval at the ensuing Annual General Meeting. Joint Statutory Auditors M/s. V. Sankar Aiyar & Co. and M/s. V. Singhi & Associates issued unmodified audit opinions on the financial results.

Senior Management Changes

The Board approved key appointments in senior management positions. Surajit Roy Choudhury, with over 25 years of banking experience, was appointed as Head - Emerging Entrepreneurs Business effective June 30, 2026, replacing Vishal Wadhwa. Additionally, Sujoy Roy was appointed as National Collection Head for all lending products effective April 28, 2026. Roy brings over 27 years of banking experience and previously led the bank's branch banking operations with a ₹150,000 crore liabilities portfolio.

Balance Sheet Growth and Operational Metrics

The bank demonstrated robust expansion across key metrics:

Balance Sheet Metric: Mar'26 Mar'25 Growth (%) Total Deposits: ₹1,66,344 crore ₹1,51,212 crore +10.00% Advances: ₹1,54,233 crore ₹1,36,995 crore +12.60% Total Assets: ₹2,111,237 crore ₹1,914,763 crore +10.30%

The bank maintained healthy capital ratios with total CRAR at 18.0%. Retail deposits constituted 74% of total deposits, while the CASA ratio stood at 29%. The banking network expanded to over 6,350 outlets. The bank's RoA stood at 1.1% and RoE at 8.5% for Q4FY26.

Bandhan Bank has been penalized by the Reserve Bank of India with an aggregate monetary penalty of Rs 41.80 lakh following regulatory violations identified during a statutory inspection. The bank disclosed this development on April 24, 2026, through an official communication to stock exchanges in compliance with SEBI listing regulations.

Penalty Details and Regulatory Action

The RBI imposed the penalty through an order dated April 21, 2026, exercising powers under Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949. The penalty stems from findings during the bank's statutory inspection for supervisory evaluation conducted with reference to its financial position as on March 31, 2025.

Penalty Component: Amount Section 20(1)(b)(iii) BR Act Contravention: Rs 31.80 lakh KYC Non-compliance: Rs 10.00 lakh Total Penalty: Rs 41.80 lakh

Violations Identified

The regulatory action addresses two specific areas of non-compliance identified during the supervisory evaluation:

Banking Regulation Act Violation: Contravention of Section 20(1)(b)(iii) of the Banking Regulation Act, 1949, attracting a penalty of Rs 31.80 lakh

KYC Compliance Failure: Non-compliance with RBI directions on 'Know Your Customer' requirements, specifically regarding periodic review of risk categorization of certain categories of accounts, resulting in a penalty of Rs 10.00 lakh

Official Disclosure Framework

The bank communicated the penalty details to BSE Limited and National Stock Exchange of India Limited through reference number BBL/SEC/18/2026-27. The disclosure was made pursuant to Regulation 30 and other applicable provisions of SEBI LODR, following the receipt of RBI's communication on April 24, 2026.

Stock Exchange Details: Information BSE Scrip Code: 541153 NSE Symbol: BANDHANBNK Disclosure Reference: BBL/SEC/18/2026-27 RBI Order Date: April 21, 2026

Impact Assessment and Compliance

Bandhan Bank has stated that the penalty will not have any material impact on its financial, operational, or other activities. The bank emphasized that this is a regulatory compliance matter stemming from supervisory findings and does not affect its core business operations or financial performance. The complete disclosure has been made available on the bank's official website at www.bandhan.bank.in as part of transparency requirements under SEBI regulations.

The penalty order follows the standard regulatory process where RBI conducts statutory inspections to evaluate banks' compliance with various banking regulations and guidelines, ensuring adherence to prescribed norms for customer due diligence and risk management practices.

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