Bandhan bank news: Deven Choksey recommended accumulate rating

Deven Choksey recommended accumulate rating on Bandhan Bank Ltd. with a target price of Rs 172 in its research report dated November 04, 2025. Private sector lender Bandhan Bank on Friday reported a 65% year-on-year decline in net profit for the quarter ended June 2025, at ₹372 crore, compared to ₹1,063 crore in the same quarter last year. The bank ’s net interest income (NII) for Q1 FY26 stood at ₹2,757 crore, down from ₹2,987 ... Bandhan Bank shares dropped nearly 6% after the lender reported an 88% year-on-year fall in Q2FY26 profit to Rs 110 crore. Weak net interest income, lower margins, and rising credit costs weighed on earnings, even as advances and deposits grew. Asset quality slightly deteriorated, with GNPA rising to 5% and NIM slipping to 5.8%. Bandhan Bank Share Price, Bandhan Bank Q2 Results: The bank 's operating profit also decreased to Rs 1,310 crore in the second quarter of FY26.