New Delhi, July 18 -- Bandhan Bank announced its June quarter results today, July 18, post market hours, reporting a net profit of Rs.372 crore, which came above analysts' estimates of Rs.352 crore. In the same period last year, the bank had reported a net profit of Rs.1,063 crore, marking a year-on-year decline of 66.8%.
However, on a sequential basis, net profit improved by 17%, as the bank had reported a net profit of Rs.318 crore in the preceding quarter.
The bank's net interest income (NII), the difference between interest earned from lending activities and interest paid to depositors stood at Rs.2,757 crore in Q1FY26, marking a 9.7% year-on-year decline from Rs.3,055 crore in the same quarter last year. On a quarter-on-quarter bas...
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