The bank said Mantri has resigned to pursue another opportunity from a career growth perspective. His last working day as CFO and KMP will be September 25, 2026, as per the company’s policy.
In his resignation letter, Mantri stated, “This is to inform you that I am tendering my resignation today from Bandhan Bank as Executive President and Chief Financial Officer, to pursue another opportunity from a career growth perspective.”
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“I have enjoyed working at Bandhan Bank and contributing towards the strategic transformation of the bank. I will be leaving with enriching experience and learning during my tenure here. Would like to wish continuing success to the bank. Request you to accept my resignation and relieve me of my services post notice period of 90 days (i.e. by 26th September 2026),” he added.
Fourth Quarter Results
Net profit for Q4FY26 rose 68% year-on-year to ₹534 crore from ₹318 crore. However, net interest income (NII) growth remained modest, rising 1.4% to ₹2,795.4 crore compared with ₹2,756 crore a year ago.
Asset quality showed further improvement during the quarter, with gross non-performing assets (NPA) easing to 3.27% from 3.33% in the December quarter. Net NPA also declined marginally to 0.97% from 0.99% sequentially.
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On the business front, loans and advances (including on-book and PTC) stood at ₹1.54 lakh crore at the end of March, reflecting a 12.6% year-on-year increase and a 6.2% sequential rise. Total deposits grew 10% year-on-year to ₹1.66 lakh crore, with a 6.1% increase on a quarter-on-quarter basis.
Retail deposits continued to gain traction, rising 17.7% year-on-year to ₹1.22 lakh crore, taking their share in total deposits to 73.67%, up from 68.88% a year ago.
Retail term deposits saw particularly strong growth, increasing 30.1% to ₹73,796 crore. In contrast, bulk deposits declined 6.9% year-on-year to ₹43,797 crore, indicating a shift towards a more granular deposit base.
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CASA deposits rose modestly by 2.8% year-on-year to ₹48,751 crore, with the CASA ratio at 29.31%. The bank’s liquidity position remained comfortable, with a liquidity coverage ratio of 131.76% as of March 31, 2026. Collection efficiency also improved to 98.9%, compared with 98.1% in the previous quarter.
Shares of Bandhan Bank Ltd ended at ₹201.90, down by ₹0.100, or 0.050%, on the BSE.
(Edited by : Jomy Jos Pullokaran)
First Published: Jun 29, 2026 6:14 PM IST
