About Bandhan Bank Limited

Bandhan Bank Limited is a pan‑India universal bank with an inclusive banking approach and a mission captured in the philosophy, “Aapka Bhala, Sabki Bhalai.” It began in 2001 as a society focused on financial inclusion and women’s empowerment through microfinance in rural Bengal; after acquiring an NBFC in 2006, it became India’s largest microfinance institution by 2010. On August 23, 2015, it commenced operations as a universal bank, becoming the first Indian MFI to receive a universal banking licence. Subsequent milestones include acquiring HDFC Limited’s stake in GRUH Finance in 2019, a new core banking system in 2023, and surpassing 3.16 crore customers in 2024. The bank operates across India and positions itself as “a Bank for All,” offering 360° financial services to retail, micro, SME, and wholesale customers with an emphasis on trust, last‑mile reach, and digital capability.

Core offerings span treasury, retail banking, microfinance, corporate/wholesale banking, and third‑party product distribution—together accounting for 100% of turnover. Operations include deposits, loans, card services, internet and mobile banking, ATMs, NRI services, and para‑banking distribution of insurance and investment products. Third‑party distribution partners include Bajaj Allianz General Insurance, Niva Bupa Health Insurance, The Oriental Insurance Company, and a new tie‑up with ICICI Lombard General Insurance; the life segment includes Bajaj Allianz Life, HDFC Life, Kotak Life, and Bandhan Life Insurance.

Bandhan Bank Limited’s Business Segments

Bandhan Bank reports four operating segments in line with RBI’s AS 17 guidance:

• Treasury: Investments in sovereign securities and trading operations, including central funding.
• Retail Banking: Lending to individuals/small businesses, deposit products, cards, internet/mobile banking, ATMs, and NRI services.
• Corporate/Wholesale Banking: Corporate relationships not included under Retail.
• Other Banking Business: Para‑banking activities such as third‑party product distribution.

Revenue by industry vertical (business segment)

For FY25, “Total income as per Profit and Loss Account” by segment was: Retail Banking ₹19,798.07 crore; Treasury ₹2,517.82 crore; Corporate/Wholesale Banking ₹2,213.14 crore; Other Banking Business ₹385.80 crore; total ₹24,914.83 crore .

Portfolio mix (assets)

As at FY25, the business mix (assets) comprised: Commercial Banking ₹36,344 crore; Mortgages ₹33,086 crore; EEB Group ₹36,088 crore; EEB Individual ₹20,456 crore; Retail Loans ₹11,021 crore .

Industries and customers served

The bank serves individuals, salaried and self‑employed professionals, farmers, micro and small businesses, trusts, women groups and entrepreneurs; in wholesale it serves corporates, government, financial institutions, educational institutions, MSMEs and PSUs . Dedicated verticals include Financial Institutions Group (incl. NBFCs/HFCs), and new focus areas in Education and Healthcare; total advances in the FIG/Institutional segment rose to ₹16,005 crore by March 31, 2025, while the mid‑market group reached ₹12,243 crore .

Revenue by geography

Bandhan Bank operates within India with presence across all 35 states and seven Union Territories (except Lakshadweep). Exports do not apply to banking companies, and the bank had no overseas loan assets as of March 31, 2025 and March 31, 2024  .

Bandhan Bank Limited Key Management

• Partha Pratim Sengupta, Managing Director & Chief Executive Officer (appointed MD & CEO effective November 1, 2024), leads the bank’s management and is a signatory to the FY25 financial statements.
• Vijay Nautamlal Bhatt, Non‑Executive (Independent) Chairman, chairs the Board and is a signatory to the FY25 financial statements.
• Rajinder Kumar Babbar, Chief Financial Officer, serves as CFO and is a signatory to the FY25 financial statements.

Latest Updates on Bandhan Bank Limited

• FY25 saw the bank deepen its pan‑India footprint to 1,715 branches, 4,594 banking units and 438 ATMs, serving 3.16 crore customers. Deposits reached ₹1,51,212 crore, gross advances ₹1,36,995 crore, and PAT ₹2,745 crore; NIM stood at 7.07%, cost‑to‑income at 48.89%, and capital adequacy at 18.71%  . The year included 15 new branches and an employee base of 75,032 as of March 31, 2025 . Asset quality metrics at FY25 year‑end were Gross NPA 4.71% and Net NPA 1.28%; the Provision Coverage Ratio was 73.70% excluding technical write‑offs and 86.47% including them.
• Strategically, the bank strengthened non‑life distribution through partnerships with Bajaj Allianz General, Niva Bupa, OICL, and added ICICI Lombard; the life insurance franchise generated commission income across multiple insurers including Bandhan Life Insurance. On the wholesale side, it executed its first foreign currency import Letter of Credit and first LC Bill Discounting transaction, scaled its non‑fund trade book beyond ₹2,100 crore, and progressed on a Supply Chain Finance platform. It expanded Cash Management Services and rolled out initiatives such as eNACH for external corporates, a centralised escrow platform, host‑to‑host integration, API banking and virtual accounts to build a future‑ready CMS suite. Digital enablement advanced with creation of a Digital & Transaction Excellence Unit to drive corporate solutions, payments, retail digital banking and fintech partnerships.
• From a governance standpoint, statutory and secretarial auditors reported no qualifications for FY25, and a new Secretarial Auditor was recommended for a five‑year term effective April 1, 2025. The Reserve Bank of India appointed an Additional Director effective June 24, 2024; leadership changes included the appointment of a new MD & CEO effective November 1, 2024.