However, the profit after tax (PAT) surged 84% on a sequential basis compared to Rs 112 crore in Q2FY26 while the NII was up 4% quarter-on-quarter versus Rs 2,589 crore in the July-September quarter of FY26.
The Net Interest Margin (NIM) for the quarter was 5.9% compared to 5.8% in Q2FY26.
Operating profit was Rs 1,445 crore in Q3 FY26 compared to Rs 1,310 crore in Q2 FY26, up 10% QoQ.
Deposits
As of December 31, 2025, total deposits stood at Rs.1.57 lakh crore as against Rs.1.41 lakh crore in the previous year – a growth of 11% YoY. CASA Deposits stood at Rs.42,730 crore and the CASA Ratio stood at 27%; the CASA + Retail TD to total deposit ratio stands above 72%.
Advances
As of December 31, 2025, Gross Advances stood at Rs.1.45 lakh crore as against Rs.1.32 lakh crore in the previous year – a growth of 10% YoY
On a YoY basis, Retail book (other than housing) grew 57%, Wholesale Banking grew 32%, and the Housing book showed a growth of 10% (excluding IBPC).
Asset Quality
The collection efficiency for EEB loans was higher at 98.2% for Q3 FY26. The Provision Coverage Ratio (Including Technical Write-offs) as of December 31, 2025, is 84.3%.
The Bank’s net revenue as of Q3 FY26 was Rs.3,379 crore compared to Rs. 3,135 crore in Q2 FY26; a growth of 7.8% QoQ.
The provisions (other than tax) & contingencies charged to the Profit and Loss for Q3 FY26 were at Rs.1,155 crore, flat QoQ.
Distribution Network
The Bank’s distribution network spans more than 6,350 outlets. The Bank currently has more than 74,500 employees.
Management speak
Speaking on the bank’s performance, MD & CEO, Partha Pratim Sengupta said that Bandhan Bank’s third quarter performance over the last quarters reflects the strengthening fundamentals and steady turn around. “In Q4, we are set to accelerate multiple digital initiatives aimed at enhancing customer experience, operational efficiency, and scalability. We remain fully committed to building a strong, more resilient and more diversified bank. These efforts position us well for sustainable and profitable growth going forward,” he added.
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