Bandhan Bank’s Q3 net profit fell 42% YoY to Rs 426 crore due to higher provisions of Rs 336 crore for bad loans and ESOP accounting changes. Operating profit rose to Rs 2,021 crore, while deposits grew to Rs 1.41 lakh crore. Gross and net NPAs declined by 24.1% and 32.9%, respectively. The bank plans to focus on liability products and digital banking for future growth.
