Bandhan stock fell 2.45 percent as Q2 growth slowed

Published on 10/07/2026 at 02:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bandhan Bank's Q2 loan book rose 13.1 percent year over year to INR 158,335 crore on September 30, 2026. Deposits grew 9.2 percent, but CASA fell to 26.71 percent.

Bandhan, INE545U01014, Illustration mit AI erstellt.

Bandhan Bank stock (ISIN INE545U01014) was last at INR 164.15 on the NSE on October 6, 2026 at 3:14 p.m. IST, down 2.45 percent from the prior close. The bank's September quarter update showed double-digit annual loan growth, but only 1.8 percent sequential expansion.

Q2 loans rise 13.1 percent

According to CNBC TV18 on October 4, 2026, loans and advances reached INR 158,335 crore for the quarter ended September 30, 2026, up 13.1 percent from INR 140,041 crore a year earlier. The increase was 1.8 percent from INR 155,555 crore at June 30, 2026.

Total deposits rose 9.2 percent year over year to INR 172,689 crore and increased 4.7 percent from June. Retail term deposits grew 16.8 percent year over year to INR 79,340 crore, giving the liability mix a stronger retail savings component.

CASA ratio falls to 26.71 percent

The funding mix is the key counterpoint to the loan growth. CASA deposits stood at INR 46,131 crore, up 4.3 percent year over year but down 4.8 percent from June, leaving the CASA ratio at 26.71 percent versus 29.40 percent in the prior quarter.

Moneycontrol reported on October 6, 2026 that Nomura maintained a Neutral view on Bandhan Bank after the 2QFY27 pre-quarter update. The report described Bandhan as the weakest of five banks on sequential loan growth and said thinner spreads could cause net interest income growth to lag balance-sheet growth.

Collection efficiency remained at 98.9 percent in September 2026, according to the same update, keeping asset-quality performance steadier than the deposit mix. For investors, the contrast is clear: credit growth is expanding annually, while the quarter-to-quarter pace and funding composition demand closer monitoring.

Consensus target stays above price

The analyst picture is more constructive than the latest session. According to Investing.com, 24 analysts give Bandhan Bank a Neutral consensus, with 10 Buy, 10 Hold and 4 Sell ratings. The average 12-month target is INR 199.46, with a high of INR 240 and a low of INR 146, placing the average target 21.51 percent above the INR 164.15 price.

Bandhan stock remains below yearly high

Bandhan stock was last at INR 164.15 on the NSE on October 6, 2026 at 3:14 p.m. IST. The 52-week range was INR 134.25 to INR 220.76, while market capitalization stood at INR 264.5 billion and volume reached 12,128,275 shares.