Slides
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Investor Presentation Q2FY27 28th Oct 2026
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• This presentation is confidential and may not be copied, published, distributed or transmitted. The information in this presentation is being provided by Bandhan Bank Limited (also referred to as ‘Bank’). By attending a meeting where this presentation is made, or by reading this presentation material, you agree to be bound by following limitations: • The information in this presentation has been prepared for use in presentations by Bank for information purposes only and does not constitute, or should be regarded as, or form part of any offer, invitation, inducement or advertisement to sell or issue, or any solicitation or any offer to purchase or subscribe for, any securities of the Company in any jurisdiction, including the United States and India, nor shall it, or the fact of its distribution form the basis of, or be relied on in connection with, any investment decision or any contract or commitment to purchase or subscribe for any securities of the Company in any jurisdiction, including the United States and India. This presentation does not constitute a recommendation by the Bank or any other party to sell or buy any securities of the Bank. This presentation and its contents are not and should not be construed as a prospectus or an offer document, including as defined under the Companies Act, 2013, to the extent notified and in force or an offer document under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 as amended. • The Bank may alter, modify, or otherwise change in any manner the contents of this presentation without obligation to modify any person of such change or changes. No representation warranty implied as to and reliance or warranty, express or implied, is made to, nor should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Neither Bank nor any of its affiliates, advisors or representatives shall have any responsibility or liability whatsoever (for negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation. The information set out herein may be subject to updating, completion, revision, verification and amendment and such information may change materially. This presentation is based on the economic, regulatory, market and other conditions as in effect on the date hereof. It should be understood that subsequent developments may affect the information contained in this presentation, which neither Bank nor its affiliates, advisors or representatives are under any obligation to update, revise or affirm. • This presentation contains certain supplemental measures of performance and liquidity that are not required by or presented in accordance with Indian GAAP, and should not be considered as an alternative to profit, operating revenue or any other performance measures derived in accordance with Indian GAAP or an alternative to cash flow from operations as a measure of liquidity of the Bank. You must make your own assessment of the relevance, accuracy and adequacy of the information contained in this presentation and must make independent analysis as you may consider necessary or appropriate for such purpose. Any opinions expressed in this presentation are subject to change without notice and past performance is not indicative of future results. By attending this presentation you acknowledge that you will be solely responsible for your own assessment of the market position of the Bank and that you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the Bank ’s business. • This presentation contains forward‐looking statements based on the currently held beliefs and assumptions of the management of the Bank , which are expressed in good faith and, in their opinion, reasonable. Forward‐looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance, or achievements of the Bank or industry results, to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward‐looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding expansion plans and the benefits there from, fluctuations in our earnings, our ability to manage growth and implement strategies, competition in our business including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, our ability to win new contracts, changes in technology, availability of financing, our ability to successfully complete and integrate our expansion plans, liabilities, political instability and general economic conditions affecting our industry. Unless otherwise indicated, the information contained herein is preliminary and indicative and is based on management information, current plans and estimates. Industry and market‐related information is obtained or derived from industry publications and other sources and has not been verified by us. Given these risks, uncertainties and other factors, recipients of this document are cautioned not to place undue reliance on these forward‐looking statements. The Bank disclaims any obligation to update these forward‐looking statements to reflect future events or developments. • This presentation is not an offer for sale of securities in the UNITED STATES or elsewhere. 22 Disclaimer
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Key Highlights 3
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Strategic Highlights: Q2FY27 Strong Outreach Capabilities Deepening footprint and touch-points across the country Branches 2,001 (35 States and UTs) EEB Banking Units 4,414 ATMs 438 Universal Bank with diversified portfolio Comprehensive financial solutions across all lending segments EEB ₹ 526.2 bn ~33% share of book Housing & Retail ₹ 520.1 bn ~33% share of book Wholesale Banking* ₹ 537.4 bn ~34% share of book Customer Centricity & Digitization Seamless customer journeys and improved customer satisfaction Total Customers 32.0 mn Digital Transaction 98% of retail transactions are digital Digital Onboarding 93% saving accounts opened digitally^ Capital & Liquidity Strong Capital adequacy and stable deposit base CRAR 18.3% CET 1 17.7% Retail Deposits 72.7% of Total Deposits Productivity & Efficiency Focus on workforce upskilling and reskilling, and drive operational excellence Cost/Income 57.5% Emp Productivity** 9% YoY increase in Business / employee Training & Upskilling 511K learning hours 4* Includes PTC of ₹ 2.66 bn **Total Employee as on Sep’26 is 75,052 ^through Tab/Assisted/DIY Volume Contribution for Q2FY27
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Deposits Advances Asset Quality Profitability Ratios Key Financial Highlights: Q2FY27 Gross Advances ₹ 1,583.7 bn* (13.1% YoY & 1.8% QoQ) Secured Mix 57.3% (237 bps YoY & 42 bps QoQ) Non-EEB Book ₹ 1,057.5 bn (19.8% YoY & 2.8% QoQ) Share Of Non-East 62.4%^ (-4 bps YoY & 24 bps QoQ) Total Deposit ₹ 1,726.9 bn (9.2% YoY & 4.7% QoQ) CASA Ratio 26.7% (-125 bps YoY & -269 bps QoQ) Retail Deposits ₹ 1,254.7 bn (11.9% YoY & 2.9% QoQ) Share Of Non-East 45.6% (10 bps YoY & 216 bps QoQ) GNPA Ratio 3.1% (-191 bps YoY & -3 bps QoQ) NNPA Ratio 0.9% (-45 bps YoY & -1 bps QoQ) PCR** 71.2% (-252 bps YoY & 12 bps QoQ) Credit Cost 1.8% (-156 bps YoY & 2 bps QoQ) NII ₹ 29.6 bn (14.4% YoY & 1.4% QoQ) Total Revenue (Net) ₹ 36.7 bn (16.9% YoY & 4% QoQ) Operating Profit ₹ 15.6 bn (18.8% YoY & 14.6% QoQ) PAT ₹ 6.2 bn (455.7% YoY & 23.9% QoQ) NIM 6.1% (30 bps YoY & -9 bps QoQ) OPEX / Assets 4.1% (28 bps YoY & -22 bps QoQ) ROA 1.2% (97 bps YoY & 21 bps QoQ) ROE 9.3% (753 bps YoY & 158 bps QoQ) * Includes PTC of ₹ 2.66 bn ** PCR including SR provision is at 74.3%, which is stable on QoQ basis ^ excludes PTC & IBPC 5
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2,041 746 467 405 503 252 831 299 221 258 151 241 Eastern Central Southern Western North-East Northern Bank Branch Banking Unit 12% 18% 37% 33% Metro Urban Semi Urban Rural Extensive Pan-India Network with Deep Market Reach 8 12 5 5 4 6 6,415 outlets 35 States & UTs Banking Outlets 359Maharashtra 178Karnataka Goa 7 28Kerala 138 Tamil Nadu 5 Puducherry 176 Andhra Pradesh Telangana 163 267 125 311 293 233 95 87 7 4 49 560 683 182 4 1,730 8 9 12 1 498 8 8 2 3 Chhattisgarh Odisha 118 Jharkhand West Bengal Tripura Mizoram Manipur Nagaland Arunachal Pradesh AssamSikkim Bihar Uttar Pradesh Uttarakhand Himachal Pradesh Ladakh Jammu & Kashmir Punjab Haryana Chandigarh NCT of Delhi Rajasthan Gujarat Daman & Diu, Dadra & Nagar Haveli Andaman & Nicobar Islands 62 Meghalaya 2 Madhya Pradesh Regional Diversification with Strong SU-RU Presence Share of Banking Outlets by Region 2,872 1,045 663 654688 493 East – WB, BR, JH, OD, SK, A&N | Central – CG, MP, UP, UK | South – AP, TS, KA, KL, TN,PY | West – MH, GJ, GA, D&D | North-East – ARP, AS, MN, MZ, ML, NL, TR, | North – DL, PB, HR, RJ, HP, CH, J&K, LA Low to High concentration As on 30th Sep’26 6
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Portfolio Diversification (Higher Secured Mix) A calibrated shift towards higher secured assets mix has strengthened portfolio resilience and diversification across lending segments Liability Resilience (Higher Retail Deposits Share) Focused retail deposit strategy driving higher granularity and a more stable, low-cost funding base Strengthen Asset Quality Driving sustainable asset quality outcomes through disciplined credit selection, portfolio diversification and recovery focus Improve Profitability Embedding predictability in return ratios through balance sheet strengthening and conscious risk realignment 4.7% 4.7% 4.7% 5.0% 5.0% 3.3% 3.3% 3.1% 3.1% 1.3% 1.3% 1.3% 1.4% 1.4% 1.0% 1.0% 0.9% 0.9% 1.9% 4.1% 3.9% 3.5% 3.4% 3.3% 2.0% 1.8% 1.8% Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 GNPA NNPA Credit Cost % 2.1% 0.9% 0.7% 0.8% 0.2% 0.4% 1.1% 1.0% 1.2% 0% 5% 10% 15% 20% 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 ROA ROE (RHS) 67.8% 68.7% 68.9% 68.2% 70.9% 72.4% 73.7% 74.0% 72.7% Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 47.0% 48.9% 50.5% 52.1% 54.9% 56.7% 56.2% 56.8% 57.3% 53.0% 51.1% 49.5% 47.9% 45.1% 43.3% 43.8% 43.2% 42.7% Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Secured % Unsecured % 7 Bandhan Bank’s Journey On Its Strategic Objectives
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Business & Financial Overview 8
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517.3 526.4 526.2 330.6 345.4 343.8 124.3 161.0 176.3 408.2 512.8 537.4 20.0 10.0 - Sep'25 Jun'26 Sep'26 EEB (Group+SBAL) Housing Retail Wholesale Banking Group (WBG) IBPC 23.6% 13.3% 23.6% 8.9% 29.2% 1.4% 22.6% 11.2% 22.2% 10.4% 33.0% 0.6% 22.1% 11.1% 21.7% 11.1% 33.9% 0.0% EEB Group SBAL Housing Retail Wholesale Banking IBPC Sep'26 Jun'26 Sep'25 1,555.6 1,400.4 1.8% 13.1% Share of Loan Book All amount in ₹ Bn Share of EEB (Group + SBAL) reduced from 36.9% in Sep’25 to 33.2% in Sep’26 1,583.7 9 Gross advances Includes PTC; SBAL - Small Business and Agri Loans, is a part of EEB portfolio Gross Advances Mix
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EEB Loan Disbursements 331.1 352.2 350.2 186.2 174.2 176.0 Sep'25 Jun'26 Sep'26 EEB Group SBAL 99.2 73.7 89.0 38.1 31.3 42.0 Q2FY26 Q1FY27 Q2FY27 EEB Group SBAL 12.8 12.9 12.7 Sep'25 Jun'26 Sep'26 Number of Active Borrowers (Mn) -0.05% EEB Asset Growth 517.3 137.3 526.4 526.2 105.0 131.0 1.7% 10 Emerging Entrepreneurs Business (EEB) All amount in ₹ Bn
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262.6 263.0 259.7 65.8 79.2 80.4 2.2 3.1 3.7 Sep'25 Jun'26 Sep'26 Housing LAP Construction Housing: Product wise break-up 79.4% 76.2% 75.5% 19.9% 22.9% 23.4% 0.7% 0.9% 1.1% Sep'25 Jun'26 Sep'26 Housing LAP Construction Housing: Product wise share 18.4 15.0 13.4 Q2FY26 Q1FY27 Q2FY27 Borrowers Bifurcation – Sep’26 Housing Asset Disbursements 330.6 4.0% -0.4% 345.4 343.8 11 All amount in ₹ Bn Housing Finance 56.7% 1.8% 41.6% Salaried Professionals Self Employed
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46.7 61.1 66.4 23.4 28.3 30.022.1 28.4 28.821.0 23.8 29.0 11.1 19.5 22.0 Sep'25 Jun'26 Sep'26 Vehicle Personal Gold TD-OD Others 12 Retail Assets Retail Assets: Product wise break-up 9.5% 41.9% 124.3 161.0 37.5% 38.0% 37.7% 18.8% 17.6% 17.0% 17.8% 17.6% 16.3% 16.9% 14.8% 16.5% 9.0% 12.1% 12.5% Sep'25 Jun'26 Sep'26 Vehicle Personal Gold TD-OD Others Retail Assets: Product wise share 23.3 22.7 26.8 Q2FY26 Q1FY27 Q2FY27 Retail Disbursements All amount in ₹ Bn 176.3
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180.6 220.5 219.5 147.5 203.1 224.118.6 21.9 24.2 36.8 25.2 24.2 24.8 42.1 45.4 Sep'25 Jun'26 Sep'26 FIG, H&E CBG BBG ABG Others 13 Wholesale Banking Wholesale Banking: Product wise break-up 4.8% 31.6% FIG, H&E: 95% of outstanding are A- & Above category (As per external rating) 512.8 537.4 CBG: 74% of outstanding are BBB+ & Above category (As per external rating) FIG, H&E – Financial Institution Group (includes healthcare, educational institutions and PTC); CBG – Corporate Banking Group (Erstwhile MMG – Mid Market Group); BBG – Business Banking Group; ABG – Aspiring Business Group (Erstwhile SEL); Others incl. SME LAP and Agri All amount in ₹ Bn 408.2 As on 30th Sep’26 AAA 5% AA+ 16% AA 27%AA- 26% A+ 10% A 8% A- 3% BBB+&Below 4% Others 0.5% AA- & Above 32% BBB+ to A+ 42% BBB & Below 16% Unrated & Others 10% As on 30th Sep’26
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39% 34% 15% 12% Metro Urban Semi Urban Rural Geographical Distribution of Loans & Advances As on 30th Sep’26 33% 33% 33% 5% 4% 4% 15% 14% 14% 9% 10% 10% 16% 17% 17% 22% 22% 22% Sep'25 Jun'26 Sep'26 Eastern North Eastern Central Northern Southern Western Category wise Distribution of Loans & Advances Share of Loans & Advances by Region 23% 24% 24% 15% 15% 15% 7% 6% 6%7% 7% 7% 7% 6% 6% 41% 42% 42% Sep'25 Jun'26 Sep'26 West Bengal Maharashtra Bihar Gujarat MP Others Share of Loans & Advances by States 14 Geographical distribution excludes IBPC & PTC
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76.8 88.9 105.1 365.3 395.9 356.2 679.2 734.8 793.4 459.5 429.3 472.2 Sep'25 Jun'26 Sep'26 CA SA TD Retail TD Others 15 Deposits 28.0% 29.4% 26.7% Sep'25 Jun'26 Sep'26 70.9% 74.0% 72.7% Sep'25 Jun'26 Sep'26 39.5 41.6 35.7 1.6 1.4 1.5 Sep'25 Jun'26 Sep'26 General Banking EEB Deposits (₹ in Bn) Retail Deposits* (%) CASA (%) Average SA Balance per Account (₹ in 000’) 1,580.7 1,726.91,648.9 4.7% 9.2% EEB deposits contributed to 2.4% of Total deposits as of Sep’26 *CASA + Retail TD All amount in ₹ Bn
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40% 36% 14% 10% Metro Urban Semi Urban Rural Geographical Distribution of Deposits 50% 52% 50% 4% 4% 4% 12% 11% 11% 12% 11% 13% 7% 8% 8% 15% 14% 14% Sep'25 Jun'26 Sep'26 Eastern North Eastern Central Northern Southern Western Share of Deposits by Region Category wise distribution of Deposit 40% 41% 39% 12% 12% 11% 7% 6% 7% 4% 4% 6%4% 5% 5% 33% 32% 33% Sep'25 Jun'26 Sep'26 West Bengal Maharashtra Uttar Pradesh NCT of Delhi Odisha Others Share of Deposits by States 16 As on 30th Sep’26
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Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 QoQ % YoY % CASA 389.5 386.6 397.2 418.6 406.2 -2.9% 4.3% - Current Account (CA) 50.6 53.8 60.1 66.6 64.6 -3.0% 27.6% - Savings Account (SA) 338.9 332.8 337.1 351.9 341.6 -2.9% 0.8% Term Deposit 1,134.8 1,136.4 1,135.7 1,147.9 1,197.5 4.3% 5.5% - Retail TD 661.2 691.1 717.3 733.6 757.3 3.2% 14.5% - Bulk Deposit (incl. CDs) 473.7 445.3 418.4 414.4 440.2 6.2% -7.0% Total Average Deposits 1,524.3 1,523.0 1,532.9 1,566.5 1,603.7 2.4% 5.2% Total Average Retail Deposits 1,050.7 1,077.7 1,114.5 1,152.1 1,163.5 1.0% 10.7% Average Balances – Advances & Deposits 17 All amount in ₹ Bn Average Advances Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 QoQ % YoY % EEB 520.5 515.2 501.0 524.6 522.6 -0.4% 0.4% Housing Finance 326.6 332.4 339.6 346.3 344.1 -0.6% 5.4% Retail Assets 114.1 127.8 143.4 155.9 163.9 5.1% 43.7% Wholesale Banking 369.7 401.9 446.6 477.3 496.8 4.1% 34.4% IBPC / Others 0.8 20.0 0.8 10.0 0.5 -95.5% -40.7% Total Average Advances 1,331.7 1,397.3 1,431.4 1,514.2 1,527.9 0.9% 14.7% Note: PTC is not included in average advances
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4,593 4,400 4,414 1,754 1,988 2,001 Sep'25 Jun'26 Sep'26 Branches Banking Units Regional Diversification with Strong SU-RU Presence 12% 18% 37% 33% Metro Urban Semi Urban Rural Geographical Distribution of Banking Outlets Banking Outlets As on 30th Sep’26 Share of Banking Outlets by Region Additional 68 Banking Outlets 6,347 6,388 18 45% 45% 45% 10% 10% 10% 16% 16% 16% 8% 8% 8% 11% 11% 11% 10% 10% 10% Sep'25 Jun'26 Sep'26 Eastern North Eastern Central Northern Southern Western 6,415
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Asset Quality 19
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49.4 31.0 31.8 9.1 8.0 8.1 8.7 6.3 5.9 3.0 3.5 3.4 Sep'25 Jun'26 Sep'26 EEB Housing WBG Retail 5.0% 3.1% 3.1% 1.4% 0.9% 0.9% Sep'25 Jun'26 Sep'26 Gross NPA Net NPA 73.7% 71.1% 71.2% 74.2% 74.3% 74.3% Segmental NPA and Credit Cost 3.4% 1.8% 1.8% 3.4% 1.8% Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 Segmental GNPA (₹ in Bn) Credit Cost 48.8 70.2 Gross NPA and Net NPA 49.2 20 PCR Note: Credit cost is including the standard asset provisions PCR incl. SRs
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21 NPA movement Particulars Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 FY25 FY26 Opening GNPA (A) 66.2 70.2 48.0 50.2 48.8 47.8 64.4 Fresh Slippages (B) 15.9 13.1 10.3 10.8 11.3 53.7 54.8 Reductions (C) : - Recoveries & Upgrades 3.2 9.2 3.6 4.5 4.8 13.1 19.3 - Technical Write offs 8.7 0.1 4.5 6.0 6.1 24.1 23.7 NPA Sale to ARC (D) - 26.0 - 1.7 - - 26.0 Technical Additions (other than slippages) (E) - - - - - - - Closing Gross (F = A + B – C – D + E) 70.2 48.0 50.2 48.8 49.2 64.4 50.2 Provisions 51.7 34.0 35.7 34.7 35.0 47.4 35.7 Net NPA 18.4 14.0 14.5 14.1 14.2 16.9 14.5 GNPA Ratio 5.0% 3.3% 3.3% 3.1% 3.1% 4.7% 3.3% NNPA Ratio 1.4% 1.0% 1.0% 0.9% 0.9% 1.3% 1.0% Credit Cost 3.4% 3.3% 2.0% 1.8% 1.8% 2.9% 3.0% PCR 73.7% 70.8% 71.1% 71.1% 71.2% 73.7% 71.1% PCR (incl. Security Receipts) 74.2% 74.2% 74.2% 74.3% 74.3% 74.5% 74.2% PCR (incl. Technical write offs) 87.6% 84.3% 84.9% 85.9% 86.7% 86.5% 84.9% All amount in ₹ Bn Note: Recoveries & Upgrades include amount received from the ARC sale during the respective quarters
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Top states Customer Paying Profile 95.4% 98.9% 108.4% 95.8% 99.3% 110.6% Including NPA Excluding NPA Including Arrears Q1FY27 Q2FY27 Excluding Arrears 94.7% 98.5% 110.0% 95.0% 98.6% 111.7% Including NPA Excluding NPA Including arrears Jun'26 Sep'26 Collection Efficiency for the Month Excluding Arrears EEB Collection Efficiency States Jun’26* Sep’26* Q1FY27 Q2FY27 West Bengal 98.2% 98.6% 98.7% 99.4% Assam 99.3% 99.0% 99.5% 99.5% Rest of India 98.5% 98.6% 98.9% 99.2% Total 98.5% 98.6% 98.9% 99.3% Category Jun’26 Sep’26 Share of customers Share of receivables Share of customers Share of receivables Full Paying 97.3% 97.8% 97.7% 98.3% Partial Paying 1.8% 1.4% 1.6% 1.1% Non-Paying 0.9% 0.8% 0.8% 0.6% Total 100.0% 100.0% 100.0% 100.0% Collection Efficiency for the Quarter Collection efficiency details for top states and customer payment profiles are calculated excluding the NPA portfolio; EEB = Group Loan and Small Business and Agri Loans 22 * Details are for respective months
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4.9% 2.9% 1.9% 2.0% 0.8% 1.3% 1.8% 1.0% 1.0% Sep'25 Jun'26 Sep'26 SMA 0 EEB DPD movement 1.0% 1.2% 1.0% 0.6% 0.5% 0.7% 1.1% 0.7% 0.7% Sep'25 Jun'26 Sep'26 SMA 1 0.7% 1.0% 0.8% 0.4% 0.4% 0.5% 0.9% 0.7% 0.5% Sep'25 Jun'26 Sep'26 SMA 2 5.9% 4.9% 5.2% 7.4% 2.3% 2.4% 12.8% 7.3% 7.3% Sep'25 Jun'26 Sep'26 NPA ₹ 7.5 bn; 1.4% Rest of India Assam West Bengal Overall EEB ₹ 9.6 bn; 1.8 % ₹ 15.8 bn; 3.1 % ₹ 5.3 bn; 1.0 % ₹ 4.6 bn; 0.9 % ₹ 4.3 bn; 0.8% ₹ 3.9 bn; 0.7 % ₹ 4.2 bn; 0.8 % ₹ 3.5 bn; 0.7% ₹ 49.4 bn; 9.6 % ₹ 31.0 bn; 5.9 % ₹ 31.8 bn; 6.0% 23
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5.8% 6.1% 6.4% 6.6% 6.8% 6.9% 7.0% 7.0% 4.9% 5.2% 5.4% 5.5% 5.7% 5.8% 5.8% 5.9% 4.0% 4.2% 4.3% 4.5% 4.6% 3.8% 4.0% 2.9% 1.8% 0.6% -0.5% 0.5% 1.5% 2.5% 3.5% 4.5% 5.5% 6.5% 7.5% 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Q12025 Q22025 Q32025 Q42025 Q12026 Q22026 Q32026 Q42026 1Q2027 EEB - Stress Pool and Vintage Analysis All amount in ₹ Bn 24 EEB – Stress Pool and Summary of Provisions Vintage AnalysisNPA (%) Month on Book EEB Stress-Pool & Provisions Sep’25 Jun’26 Sep’26 QoQ % YoY % FY25 FY26 YoY % SMA 1 5.3 4.6 4.3 -6.5% -18.9% 5.2 4.4 -15.1% SMA 2 3.9 4.2 3.5 -16.7% -10.3% 5.1 4.2 -18.4% NPA 49.4 31.0 31.8 2.6% -35.6% 47.2 31.1 -34.1% EEB Stress-Pool Total 58.6 39.8 39.6 -0.5% -32.4% 57.5 39.7 -31.0% Provision for NPA 38.9 23.9 23.9 0.1% -38.6% 37.1 24.4 -34.2% Provision for Standard Assets – Normal 1.2 1.2 1.2 -0.2% 12.4% 1.3 1.3 -2.0% Additional Provision for Standard Assets 4.7 4.9 4.9 0.0% 3.0% 5.3 5.2 -3.1% EEB Provisions Total 44.8 30.0 30.0 0.1% -32.9% 43.7 30.8 -29.4% PCR % (Total Provisions as a % of Stress pool) 76.5% 75.4% 75.8% - - 75.9% 77.6% -
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Financials 25
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1.1 5.0 6.2 4.8 11.2 Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 26 Financial Performance (1/2) 13.1 13.6 15.6 29.8 29.2 Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 25.9 29.2 29.6 53.5 58.8 Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 Net Interest Income Operating Profit PAT 10.0% 14.4% 1.4% 132.0% -2.1% All amount in ₹ Bn 18.8% 14.6% 455.7% 23.9%
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5.8% 6.2% 6.1% 6.1% 6.2% Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 17.8% 17.5% 17.7% 0.8% 0.7% 0.6% Sep'25 Jun'26 Sep'26 Financial Performance (2/2) 12.1% 12.0% 11.9% 12.4% 12.0% 6.9% 6.4% 6.4% 7.0% 6.4%5.2% 5.6% 5.5% 5.4% 5.6% Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 Yield Cost of funds (Excl Cap.) Spread Capital Adequacy Ratio (incl. Profit) Spread (Annualized) NIM (Annualized) 27 18.6% 18.2% CRAR 18.3%
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28 Break up of Non-Interest Income All amount in ₹ Mn Details of other Income Q2FY26 Q1FY27 Q2FY27 QoQ YoY H1FY26 H1FY27 YoY Processing Fees 1,937 1,927 2,511 30.3% 29.6% 3,635 4,438 22.1% Third Party Income 1,234 1,235 1,555 25.9% 26.0% 2,072 2,790 34.6% P&L on Investment sale and Revaluation 187 238 330 39.1% 76.7% 2,694 568 -78.9% Release of prov on redemption of SR (ARC) 447 501 415 -17.3% -7.2% 860 916 6.6% Collection fees from ARC 65 148 178 20.0% 173.3% 195 327 67.2% Product / Service Charges 923 1,357 1,235 -9.0% 33.8% 1,803 2,592 43.8% Bad Debts Recovery (on write-off) 274 143 241 68.8% -11.9% 474 384 -19.0% Others 397 489 583 19.2% 46.9% 991 1072 8.2% Total Other Income 5,464 6,038 7,049 16.7% 29.0% 12,723 13,087 2.9%
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29 Financial Performance 0.2% 1.0% 1.2% 0.5% 1.1% Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 58.2% 61.5% 57.5% 55.0% 59.5% Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 3.8% 4.3% 4.1% 3.8% 4.2% Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 ROA (Annualized) Cost to Income Ratio Operating expenses to Average Assets (Annualized) 1.8% 7.7% 9.3% 3.8% 8.5% Q2FY26 Q1FY27 Q2FY27 H1FY26 H1FY27 ROE (Annualized)
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Profit & Loss Statement 30 All amount in ₹ Bn Particulars Q2FY26 Q1FY27 Q2FY27 QoQ YoY H1FY26 H1FY27 YoY Interest Income 53.5 56.3 57.5 2.2% 7.5% 108.3 113.8 5.1% Interest expenses 27.7 27.1 27.9 3.1% 1.0% 54.8 55.0 0.3% Net Int. Income (NII) 25.9 29.2 29.6 1.4% 14.4% 53.5 58.8 10.0% Non Interest Income 5.5 6.0 7.1 16.7% 29.0% 12.7 13.1 2.9% Total Income 31.4 35.2 36.7 4.0% 16.9% 66.2 71.9 8.6% Operating Expenses 18.3 21.7 21.1 -2.6% 15.4% 36.4 42.8 17.5% Operating Profit 13.1 13.6 15.6 14.6% 18.8% 29.8 29.2 -2.1% Provision (Std. + NPA) 11.5 6.8 7.2 5.1% -37.7% 23.0 14.0 -39.1% Profit before tax 1.6 6.8 8.4 24.1% 431.4% 6.8 15.1 123.0% Tax 0.5 1.7 2.2 24.7% 372.6% 2.0 3.9 100.5% Profit after tax 1.1 5.0 6.2 23.9% 455.7% 4.8 11.2 132.0%
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Balance Sheet 31 All amount in ₹ Bn Capital & Liabilities 30th Sep’25 31st Mar’26 30th Sep’26 YoY Capital 16.1 16.1 16.1 0.0% Employees stock options outstanding 2.9 3.2 3.3 14.1% Reserves & Surplus 229.7 236.5 245.3 6.8% Shareholders Funds 248.7 255.7 264.7 6.4% Deposits 1,580.7 1,663.4 1,726.9 9.2% Borrowings 81.2 143.0 100.1 23.3% Other liabilities and provisions 39.5 49.0 42.7 8.2% Total 1,950.1 2,111.2 2,134.4 9.4% Assets 30th Sep’25 31st Mar’26 30th Sep’26 YoY Cash and balances with Reserve Bank of India 53.3 131.3 122.0 128.8% Balance with Banks and Money at call and short notice 10.1 8.2 22.1 118.1% Investments 456.7 386.7 360.8 -21.0% Advances 1,345.9 1,501.0 1,546.0 14.9% Fixed Assets 12.0 14.0 16.5 37.6% Other Assets 72.0 70.0 67.0 -7.0% Total 1,950.1 2,111.2 2,134.4 9.4%
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Credit Rating *Rating of ICRA is for ₹ 30 bn only, **Rating of ICRA is for ₹ 0.75 bn only #erstwhile GRUH Finance Limited transferred to Bandhan Bank Ltd ~Since the outstanding face value has turned Rs 1.00, thus the same has not been rated by the respective Asset Reconstruction Companies (ARCs) as at Sep 30, 2026. The Gross value of Outstanding SR's are 100% provided. 32 Rating of Bank’s Financial Securities Instrument Rating Rating Agency Amount (₹ in Bn) Security Receipts w.r.t portfolio sale to ARC RR2 CRISIL 2.66 RR3 2.06 RR5 1.28 Unrated ~ 0.006 Non-Convertible Debenture # [ICRA]AA- (Stable) ICRA 2.30**CRISIL AA-/Stable CRISIL Certificate of Deposit CRISIL A1+ CRISIL 60.00*[ICRA] A1+ ICRA
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Digital Offering and Indices 33
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34 Digital Adoption Scorecard – Key digital indices 93% Saving Accounts opened digitally # 98% of Retail transactions are digital 27% Online Deposit Contribution to Overall Fixed Deposits 90% of CBDT Payments are done digitally 73% of MF transactions are digital Indices pertaining to Q2FY27 ; # Through Tab/Assisted/DIY Volume Contribution for Q2FY27 13% Q-o-Q Growth in transaction Value from Payment Aggregator Business 99.9 % of GST transactions are digital 60% Q-o-Q Growth in Digital registration
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mBandhan Lite App – Empowering Emerging Entrepreneurs Business (EEB) customers Through Secure Digital Banking Accelerating Financial Inclusion by Delivering Trusted Banking Services Anytime, Anywhere 35
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Transforming Digital Banking with mBandhan 2.0 & Retail Internet Banking Welcome Rishabh! 36
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Our Board & Management 37
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Strong Independent Board Board of Directors (1/2) Mr. Debasish Panda Non-Executive Chairman - A 1987 batch IAS Officer, having distinguished career spanning more than three decades, has made pioneering contributions across finance, insurance, public health, agriculture, law enforcement, and urban development. - served as the Chairman of IRDAI and as Director on the Boards of RBI, SBI, Bank of Baroda and LIC. Rajinder Kumar Babbar Executive Director & Chief Business Officer - Has more than three decades of experience in banking sector in various leadership roles - Has been with HDFC Bank for more than 23 years, successfully led large teams across Transportation and Infrastructure Finance, Rural Banking and Retail Liabilities Partha Pratim Sengupta Managing Director & Chief Executive Officer - A career banker, with nearly four decades of experience in the banking industry. - Retired from SBI as Deputy MD and Chief Credit Officer - Former MD & CEO of Indian Overseas Bank Ratan Kumar Kesh Executive Director & Chief Operating Officer - Has around three decades of experience across industries in leadership roles in multiple domains - Operations, Technology, Transaction Banking, Product, Affluent Banking, Operations Risk, Enterprise Governance, Intelligent Automation, Digital, Cx and Organisation Transformation. 38 N V P Tendulkar Independent Director - Significant experience in finance, accounts, IT and management - Former Executive Director – Finance, Hewlett Packard (India) Gauri Prosad Sarma Independent Director - A distinguished and dynamic banking professional having over 37 years of experience in Information Technology Expertise in driving operational excellence, digital transformation, fintech innovations and strategic leadership - Former Chief General Manager (Operations), PNB Subrata Dutta Gupta Independent Director - Significant experience in Asset-based Financing including mortgage finance in Asia - Retired as the Principal Financial Officer from IFC Debashish Mukherjee Independent Director - Has over three decades of banking experience in Punjab National Bank, United Bank of India and Canara Bank, wherein he was involved both in retail and wholesale banking. - Former Executive Director of Canara Bank. Suhail Chander Independent Director - A veteran banker with 37 years of rich experience in Banking Operations, Trade Finance, Retail and Wholesale Banking. - Retired as the Head of Corporate and Institutional Banking at IndusInd Bank in 2020
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Strong Independent Board Arun Kumar Singh RBI (Nominee) Additional Director - Appointed by RBI as an additional director effective June 24, 2024, and his current extended term is up to June 23, 2027, or till further orders, whichever is earlier . - Having a wide and rich experience of working in RBI for 35 years in the fields of Banking and Non-Banking Regulation & Supervision, Enforcement actions against banks & non-banks, IT, Financial Inclusion, Monetary Policy, Government Banking, etc. 39 Vijay N Bhatt Independent Director - Significant experience in accounting, audit and assurance - Former Sr. Independent Director of BSR & Co., Chartered Accountants Board of Directors (2/2) Avijit Mukerji Non-Executive Non-Independent Director (Nominee of BFHL) - A Chartered Accountant with overall experience of more than three decades in audit and assurance - Former Senior Partner of Price Waterhouse. Veni Thapar Independent Director - CA & CMA with over 29 years of extensive experience in various audits incl. stat audit, bank audits, IT audits, etc., consultancy in company law, taxation, FEMA, etc. - Served as Independent Director on the Board of Bank of India and other reputed institutions
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Ratan Kumar Kesh Executive Director & Chief Operating Officer • 33+ years of experience in financial, banking, manufacturing and service industry • Previously served as Head Retail Ops and Service at Axis bank Rajinder Kumar Babbar Executive Director & Chief Business Officer • 38+ years of experience leadership experience in the banking sector. • Previously worked as Group Head - Transportation, Infrastructure and Tractor Finance Group at HDFC Bank Ltd Indranil Banerjee Company Secretary • 27+ years experience in financial industry • Previously served as Company Secretary at Energy Development Company Santanu Banerjee Head – Human Resources • 31+ years of experience in the field of banking and finance • Previously worked as Head of HR Business Relationship at Axis bank Surajit Roy Chowdhury Head – Emerging Entrepreneurs Business • 28+ years of experience in BFSI Sector • Previously served as State Head –NE at IndusInd Bank Satish Kumar Head - Wholesale Banking • 28+ years of experience in banking and financial services industry. • Previously served as National Head Credit – Mid Market at Kotak Mahindra Bank. Suresh Chandran Head – Branch Banking, Current Accounts, Affluent TPP & Govt. Business • 31+ years of experience in experience in financial service industry. • Previously served as Executive Vice President / Unit Head at IndusInd Bank Ltd Vinay Jain Chief Financial Officer (Interim) • 23+ years of experience in Banking Industry • Previously served as Executive Director, Head Business Finance-Consumer Business National Distribution and Cost Management at DBS India Core Management Team (1/2) Partha Pratim Sengupta Managing Director & Chief Executive Officer • 40+ years of experience in banking industry • Previously served as MD & CEO of Indian Overseas Bank Amitava Goswami Chief Compliance Officer • 33+ years experience in banking Industry • Previously worked in leadership roles in Retail Banking and Banking operations at Axis Bank Biju E Punnachalil Chief Risk Officer • 33+ years of experience in banking industry. • Previously served as General Manager & Chief Risk Officer in South Indian Bank. Experienced and professional team…
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Hirak Sumatiprasad Joshi Head-Retail Assets • 29+ years of experience in Banking industry • Previously served as Business Head-Vehicle Finance at Ujjivan Small Finnane Bank Rajesh Kumar Srivastava Head-Liability & Transaction Operations and Operations Support Group • 30+ years of experience in Banking industry. • Previously served as Head- Products & Principal Nodal Officer in Suryoday Bank Arindam Sarkar Head - Treasury • 26+ years of experience in banking industry. • Previously served as Head of Interest Rates, Corporate Bonds and Equity Trading at Axis Banks Experienced and professional team… Core Management Team (2/2) 41 Nitin Arora Chief of Internal Vigilance • 30+ years of experience in Banking Industry • Previously served as Chief of Internal Vigilance at Axis Bank Sujoy Roy National Collection Head • 28+ years of experience in Banking Industry • Previously served as Cluster Head (Kolkata Central Cluster) at Axis Bank Ravindra Baburaya Gadiyar Head-Commercial & Retail Credit • 26+ years of experience in Banking Industry • Previously served as National Credit Head- Small Enterprise Group (Credit) at Axis Bank Sandip Kumar Bubna Chief Audit Executive (Interim) • 16 + years of experience in Banking Industry • Previously served as Senior Audit Manager-Information Systems Audit at ICICI Bank Siddhartha Sanyal Chief Economist and Head Research • 27+ years of experience in the field of Macro Economic. • Previously served as Director and Chief India Economist at Barclays Bank PLC Nand Kumar Singh Head-Credit Administration & Asset Operations • 34+ years of experience in Banking Industry • Previously served as Retail Banking Head, Patna Circle, at Axis Bank Pinaki Halder Chief Information Officer • 29+ years of experience in Banking Industry • Previously served as SVP2 Business Intelligence Unit at Axis Bank
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Awards and accolades 42
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43 Awards and accolades Bandhan Bank has been honoured with one of the Best BFSI Brands 2026 at the 9th Edition of ET Edge Best BFSI Brands, held in Mumbai. The Bank earned its place among India’s leading BFSI brands following a rigorous research-based evaluation conducted by the event’s research partner. Bandhan Bank also been honored with the ET now Best BFSI Brands Award in 2025, recognising leadership, innovation, and commitment to transforming the banking industry. ET Edge Best BFSI Brands Award, 2026: Bandhan Bank received the 2025 Gallup Exceptional Workplace Award. We are among the only 62 organisations worldwide that have received this recognition, with this Bandhan Bank became two time winner. Gallup Exceptional workspace Bandhan Bank got recognition for digital lead generation campaign, that has been recognised by Adgully for our innovative use of MarTech, leveraging advanced audience segmentation and real-time AI based campaign optimisation to drive campaign optimisation and measurable business outcomes across six products categories. The campaign delivered improvements in brand and performance metrics, reflecting the impact of data marketing at scale. DIGIXX Awards 2026 by Adgully
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Thank You For information contact: Vikash Mundhra, Head – Investor Relations investor.relations@bandhanbank.com