Bandhan Bank Limited is a leading private sector financial services provider. The Kolkata headquartered company was established as a microfinance institution in 2001. The bank, in its earlier form, was focused on providing loans to small traders and marginal businesses in Kolkata. The microfinance institution was established to help the traders to get rid of high-interest loans offered by money lenders. Later, it emerged into one of the largest players in the microfinance market.
It acquired a non-banking financial company (NBFC) in 2006 and established Bandhan Financial Services Private Limited. It became the largest microfinance institution (MFI) in India in 2010. Bandhan Bank started operations in 2015 after it became India’s first microfinance institution to get a universal banking licence.
In 2018, it emerged as the eighth most-valued bank in India based on market capitalisation on the day of its listing on stock exchanges. In 2019, Bandhan Bank acquired HDFC Limited's stake in GRUH Finance, a leading affordable housing finance company in India.
Bandhan Bank reached the milestones of ₹1.5 lakh crore and ₹2 lakh crore of total business in FY2021 and FY2022, respectively. The market capitalisation of Bandhan Bank stood at more than ₹40,000 crore as of December 19, 2023. Bandhan Bank share price has dropped more than 38% in the last three years.
Business operations
Bandhan Bank has a customer base of more than 3.17 crore. The bank offers its services through 6,238 banking outlets, including 1,411 branches, across India. Out of the total branches, 753 are in rural and semi-urban areas. It also operates 438 voice-enabled ATMs.
In recent years the private lender has made a successful transition to digital banking. Nearly 94% of its transactions by the end of FY23 were in digital mode. Bandhan Bank has also seen a surge in the use of UPI transactions, which touched 53 crore transactions in FY23.
The bank would prioritise intelligent automation as a key focus area in FY23. Its focus on artificial intelligence and business process management aims to enhance the scale and efficiency of its operations.
The bank also initiated the pilot phase of Neo+ Digital Savings Bank accounts. It has implemented 30,000 biometric-enabled tablets to ease account opening and customer onboarding processes.
Bandhan Bank has also launched initiatives focused on empowering entrepreneurship through group-based lending of micro-credit.
In FY 2022-23, the bank significantly expanded its distribution network and its workforce increased 16% to 69,702 compared to 60,211 in the previous financial year.
Bandhan Bank Financial Highlights
- Revenue: Bandhan Bank reported revenue of ₹24,423.14 crore in FY26 vs ₹24,914.83 crore in FY25. It showed a decrease of 1.97% on a yearly basis.
- Operating Profit: Bandhan Bank reported an operating profit of ₹1,733.81 crore in FY26 vs ₹3,623.28 crore in FY25. It showed a decrease of 52.15% on a year-on-year basis.
- Net Profit: Bandhan Bank reported a net profit of ₹1,223.56 crore in FY26 vs ₹2,745.30 crore in FY25. It showed a decrease of 55.43% on a yearly basis.
Bandhan Bank Quarterly Result Highlights
- Bandhan Bank reported revenue of ₹6,234.38 crore in Jun 2026, compared with ₹6,199.13 crore in Mar 2026, representing an increase of 0.57% on a quarter-on-quarter (QoQ) basis.
- Bandhan Bank reported an operating profit of ₹675.52 crore in Jun 2026, compared with ₹764.15 crore in Mar 2026, representing a decrease of 11.60% on a quarter-on-quarter (QoQ) basis.
- Bandhan Bank reported a profit of ₹501.67 crore in Jun 2026, compared with ₹534.14 crore in Mar 2026, reflecting a decrease of 6.08% on a QoQ basis.
- The earnings per share (EPS) of Bandhan Bank stood at ₹17.04 during Jun 2026.
