MUMBAI, Oct. 28 -- Bandhan Bank expects a hit of about Rs.200 crore a year to income from selling insurance and other third-party products if the insurance regulator's proposed changes to distribution economics take effect in their current form. Managing director and chief executive Partha Pratim Sengupta said the lender expects to recover most of the shortfall over time by shifting its focus to other products and markets.

"It is a setback at the industry level, and it will affect the entire industry as a whole. Our bank is also not insulated," Sengupta said at a media call on Wednesday after the bank announced its earnings for the July-September quarter of fiscal year 2027 (Q2FY27). Third-party income could fall by around Rs.200 crore o...