Elevated slippages in microfinance book
Q1 slippages of INR 920 crore from the EEB book were higher than expected, though management cites seasonality.
medium · analyst_questionBandhan Bank Limited — Q1 FY24
Bandhan Bank reported a stable Q1 FY24 with net profit of INR 721 crore, down 18.7% YoY from INR 887 crore, impacted by seasonal weakness in microfinance and higher provisions.
neutral
medium
Financial stats pending filing verification
Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
Core banking system migration disruption
Migration to a new core banking system in Q2 may cause operational disruption for 2-3 weeks, impacting growth.
medium · management_commentaryECLGS guarantee recovery delays
Recovery of ECLGS claims may be delayed due to capacity constraints in the government portal, though expected in 3-6 months.
low · management_commentaryNIM pressure from rising deposit costs
Cost of deposits rose 60bps QoQ due to mix shift and TD repricing; further repricing of ~60bps may pressure NIM.
medium · analyst_question