New Delhi, July 22 -- Bandhan Bank share price declined over 14% in early trade on Wednesday after the lender announced its Q1 results. Bandhan Bank shares slipped as much as 14.3% to Rs.178.75 apiece on the BSE.

Private lender Bandhan Bank reported a 34.8% year-on-year (YoY) increase in net profit to Rs.501.6 crore for the first quarter of FY27, amid lower provisions.

The bank's Net Interest Income (NII) in Q1FY27 grew 6% YoY to Rs.2,921 crore, while its net interest margin (NIM) stood at 6.2%, remaining flat sequentially.

Asset quality of the bank improved sequentially, with the gross NPA ratio falling to 3.15% in the June quarter from 3.27% in the previous quarter. Net NPA ratio also declined to 0.93% from 0.97% quarter-on-quarter....