Analysts/Institutional Investor Meet/Con. Call Updates

Ref. No.: BBL/SEC/107/2026-27 July 27, 2026 BSE Limited National Stock Exchange of India Limited Dept. of Corporate Services The Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai - 400 001 Mumbai - 400 051 BSE Scrip Code: 541153 NSE Symbol: BANDHANBNK Dear Sir/Madam, Sub.: Transcript of the Earnings Call on the Unaudited Financial Results for the quarter (Q1) ended June 30, 2026 In continuation to the letter bearing Ref. No.: BBL/SEC/101/2026-27 dated July 21, 2026 and pursuant to the provisions of Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed, the transcript of the Earnings Call hosted by Bandhan Bank Limited (the ‘Bank’) on Tuesday, July 21, 2026, on the Unaudited Financial Results of the Bank, for the quarter (Q1) ended June 30, 2026. Further, the same has also been uploaded on the Bank’s website and can be accessed at the following link: https://bandhan.bank.in/sites/default/files/2026-07/Bandhan-Bank-Q1FY27-Earnings-Call-Transcript_0.pdf You are requested to take note of the above. This disclosure is being simultaneously uploaded at the Bank’s website, www.bandhan.bank.in. Thank you. Yours faithfully, for Bandhan Bank Limited Indranil Banerjee Company Secretary Encl.: As above “Bandhan Bank Limited Q1FY27 Earnings Conference Call” July 21, 2026 MANAGEMENT: MR. PARTHA PRATIM SENGUPTA – MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER–BANDHAN BANK LIMITED MR. RAJINDER KUMAR BABBAR – EXECUTIVE DIRECTOR AND CHIEF BUSINESS OFFICER – BANDHAN BANK LIMITED MR. RATAN KUMAR KESH – EXECUTIVE DIRECTOR AND CHIEF OPERATING OFFICER – BANDHAN BANK LIMITED MR. RAJEEV MANTRI – CHIEF FINANCIAL OFFICER – BANDHAN BANK LIMITED MR. VIKASH MUNDHRA – HEAD OF INVESTOR RELATIONS – BANDHAN BANK LIMITED Page 1 of 24 Bandhan Bank Limited July 21, 2026 Moderator: Ladies and gentlemen, good day and welcome to the Bandhan Bank Limited Q1FY27 Earnings Conference Call. As a reminder, all participant lines will remain in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing star then zero on your touchtone telephone. Please note that this conference is being recorded. I will now hand the conference over to Mr. Vikash Mundhra, Head of Investor Relations, for opening remarks. Thank you, and over to you. Vikash Mundhra: Thank you, Ryan. Good evening, everyone and a warm welcome to all the participants. It's a pleasure to have you with us today as we discuss Bandhan Bank's business and financial performance for the quarter ending June 2026. We sincerely appreciate your time and participation. Today, we will take this opportunity to provide insights into our operational activities, achievements, challenges, as well as offer perspective on market conditions, strategic initiatives and any notable changes in our business environment. To walk you through these details, we are joined by • Mr. Partha Pratim Sengupta, Managing Director and CEO; • Mr. Rajinder Kumar Babbar, Executive Director and Chief Business Officer; • Mr. Ratan Kumar Kesh, Executive Director and Chief Operating Officer; • Mr. Rajeev Mantri, Chief Financial Officer; • Myself Vikash Mundhra, Head of Investor Relations and our senior management team at Bandhan Bank. We are happy to answer any questions to provide additional clarity on the current quarter's performance and our outlook moving forward. Now I would like to invite our Managing Director and CEO, Mr. Partha Pratim Sengupta, to brief you all on our bank performance. Over to you, sir. Partha Pratim Sengupta: Thank you, Vikash. Good evening, everyone. We are delighted to connect with you today to discuss our Q1FY27 performance. The quarter was marked by a continued focus on balance sheet quality, business resilience and execution. While seasonal and external factors remained at play, we made meaningful progress across several strategic priorities and strengthened the foundation for sustainable growth. We will take you through the key highlights of the quarter and our outlook ahead. Traditionally, the first quarter has been the softest quarter for our business, characterized by seasonal moderation in growth and pressure on asset quality metrics. However, I am pleased to share that in Q1FY27, we demonstrated significantly better resilience compared to the previous years. Page 2 of 24 Bandhan Bank Limited July 21, 2026 Despite the seasonal headwinds that typically characterize the first quarter, our focused efforts over the last few years to strengthen the franchise and sharpen execution across business segments have helped materially reduce their impact this quarter. On the asset side, although the EEB portfolio witnessed its usual seasonal decline, the moderation was considerably lower than what we have experienced in most of the prior first quarters. Most importantly, healthy growth in our secured non-EEB portfolio enabled us to deliver overall robust advance growth during the quarter - increasing diversification and enhancing the resilience of our loan book. On the liability side, reported growth was influenced by our conscious decision to sequentially reduce high-cost bulk deposits. This strategic recalibration is aimed at improving the quality and granularity of our deposit franchise and to reduce cost of funds. Encouragingly, growth in retail term deposits as well as CASA continued to remain strong, reinforcing our confidence in the underlying strength of our liability franchise. Our profitability performance also underscores the resilience of our business model. Despite several headwinds from elevated funding costs, margin performance remained broadly stable during the quarter compared to our earlier expectation of a modest improvement. From an asset quality standpoint, performance during the quarter was satisfactory, particularly when viewed in the context of the seasonal trends typically observed in Q1. Looking ahead, our focus continues on strengthening granular deposits, growing CASA, enhancing customer engagement and improving operational efficiency and asset quality. The quarter reflects the resilience of our franchise and the benefits of our disciplined execution. We remain confident in our ability to deliver sustainable, profitable growth while continuing to strengthen the balance sheet. While my colleague and CFO, Mr. Rajeev Mantri, will shortly walk you through the financials in detail, I would like to highlight a few key performance indicators from the first quarter of FY27. Our balance sheet continued to grow steadily during the quarter. Gross advances stood at INR 1.56 lakh crores, registering a healthy 16% YoY growth, while deposits reached INR 1.65 lakh crores. The growth in deposits YoY was driven by strong momentum in retail deposits and CASA, reflecting our continued emphasis on improving the quality, granularity and sustainability of our liability portfolio. The strength of our deposit portfolio was particularly visible in the retail segment. Retail deposits grew by over 15% YoY despite a challenging base, underscoring customer confidence in the bank and the effectiveness of our distribution network. CASA ratio improved sequentially to 29.4%, taking the share of retail deposits, including the CASA and retail term deposits to 74% of the overall deposits, further enhancing the stability of our funding profile. Portfolio optimization remains a key area of focus. We continue to increase the share of secured lending in the overall book, supported by strong growth across secured businesses over the past year. Our profitability performance reflected the resilience of the franchise despite significant headwinds from elevated funding costs, margins remained stable at 6.2% Page 3 of 24 Bandhan Bank Limited July 21, 2026 du [Showing first 8,000 characters — download PDF for full document]