Bandhan Bank reports 11% growth in Q1
India, July 21 -- Private sector lender Bandhan Bank on Tuesday reported a more than 11% year-on-year growth in total business for the first quarter of FY2026-27, with its total business crossing Rs.3.2 lakh crore.
The bank said its retail deposits now account for nearly 74% of total deposits, reflecting a strong and stable deposit franchise.
Bandhan Bank attributed the growth to its expanding distribution network, improved operational efficiency, and continued focus on customer-centric banking. The lender reported a net profit of Rs.502 crore for the April-June quarter.
The bank currently serves around 3.2 crore customers through nearly 6,400 banking outlets spread across 35 of India's 36 states and Union Territories. It employs more ...
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