Bandhan Bank FY25 profit jumps 23% amid diversified growth
** Bandhan Bank (BSE: 541153) reported a 23% year-over-year increase in profit after tax for FY25, reaching INR 27.45 billion, according to its board meeting outcome on April 30, 2025. The bank's net revenue grew 16% YoY to INR 144.58 billion. Gross advances rose 10% to INR 1369.9 billion, with secured advances now constituting 50.5% of the total. Deposits also saw a healthy 12% increase, reaching INR 1512.1 billion. Asset quality remained relatively stable, with GNPA at 4.7% and Net NPA at 1.3%. Reflecting this performance, the board recommended a dividend of INR 1.50 per share, subject to shareholder approval. The bank also re-appointed V. Sankar Aiyar & Co., as Joint Statutory Auditors. The joint statutory auditors issued an unmodified opinion on the audited standalone financial results, confirming the accuracy of the financial statement. Additionally, the audio recordings of the press conference and earnings call have been uploaded to the bank's website to improve investors relations. Digital adoption continues to drive growth, with 98% of retail transactions occurring digitally and 93% of savings accounts opened digitally. Digital deposits volume increased 99% YOY, online and mobile fund transfers up 41%, and UPI transaction volume went up 58%.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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