Bandhan Bank CEO, chairman, board of directors and AGM
NSE: BANDHANBNKBSE: 541153BanksSmall Cap
Share price at the NSE close on 30 Oct 2026. Previous close ₹161.84.
30 Oct: open ₹162.25, high ₹163.98, low ₹153.30
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹24,865 Cr277th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 13.35
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 0.94
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.97%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 7.3%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Net interest margin in the glossary
- 5.94%
- Gross NPAGross NPA, non-performing loans. Gross non-performing loans as a percentage of all loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is below the net share. At the end of Sep 2026.
- 3.11%
- Net NPANet NPA, non-performing loans. Net non-performing loans as a percentage of loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is above the gross share. At the end of Sep 2026.
- 0.92%
- CET1Common equity tier 1 ratio. The bank's core capital, mostly shareholders' money, as a percentage of its loans and other assets weighted by risk, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the figure is outside what it can be. At the end of Sep 2026. Common equity tier 1 ratio in the glossary
- 18.32%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026. Return on assets in the glossary
- 0.61%
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 73,71,66629.1% delivered
Bandhan Bank's chairperson is Debasish Panda and its managing director and CEO Partha Pratim Sengupta, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 24 Aug 2026.
Bandhan Bank board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonDebasish Panda
- Managing director and CEOPartha Pratim Sengupta
- Company Secretary and Compliance OfficerIndranil Banerjee
13 directors8 independent3 executive2 non-executive
- Debasish Panda · ChairpersonIndependent · joined Jul 2026 · reappointed Jul 2026 · 2 months as independent · 2 listed boards · 2 as independent · 3 committee seats
- Partha Pratim Sengupta · Managing director and CEOExecutive · joined Nov 2024 · reappointed Nov 2024 · 1 listed board
- Avijit MukerjiNominee, non-executive · joined Sep 2025 · reappointed Sep 2025 · 4 listed boards · 3 as independent · 5 committee seats, 2 as chair
- Arun Kumar SinghNominee, non-executive · joined Jun 2024 · reappointed Jun 2026 · 1 listed board · 2 committee seats
- Debashish MukherjeeIndependent · joined Mar 2026 · reappointed Mar 2026 · 6 months as independent · 1 listed board · 1 as independent
- Narayan Vasudeo PrabhutendulkarIndependent · joined May 2020 · reappointed May 2023 · 76 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Ratan Kumar KeshExecutive · joined Mar 2023 · reappointed Mar 2026 · 1 listed board
- Subrata Dutta GuptaIndependent · joined Mar 2021 · reappointed Mar 2024 · 66 months as independent · 1 listed board · 1 as independent
- Suhail ChanderIndependent · joined Mar 2021 · reappointed Mar 2024 · 66 months as independent · 2 listed boards · 2 as independent · 2 committee seats
- Vijay Nautamlal BhattIndependent · joined May 2020 · reappointed May 2023 · 76 months as independent · 4 listed boards · 4 as independent · 4 committee seats, 2 as chair
- Rajinder Kumar BabbarExecutive · joined Mar 2024 · reappointed Mar 2024 · 1 listed board
- Veni ThaparIndependent · joined Jun 2025 · reappointed Jun 2025 · 15 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
- Gauri Prosad SarmaIndependent · joined Oct 2025 · reappointed Oct 2025 · 11 months as independent · 3 listed boards · 3 as independent · 2 committee seats
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
7 directors who left
- Anup Kumar Sinha, left 5 Jul 2026: Tenure Completion
- Santanu Mukherjee, left 16 Dec 2025: Others
- Divya Krishnan, left 28 Aug 2025: Others
- Aparajita Mitra, left 13 Jul 2025: Tenure Completion
- Allamraju Subramanya Ramasastri, left 30 Jun 2025: Others
- Philip Mathew, left 15 Jun 2025: Tenure Completion
- Pankaj Sood, left 14 Dec 2024: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 5 Sep 202613 of 13 present8 independent · 45 days in between
- 21 Jul 202613 of 13 present8 independent · 25 days in between
- 25 Jun 202613 of 13 present8 independent · 27 days in between
- 28 May 202612 of 13 present8 independent · 9 days in between
3 earlier meetings
- 18 May 202613 of 13 present8 independent · 19 days in between
- 28 Apr 202613 of 13 present8 independent · no day in between
- 27 Apr 202613 of 13 present8 independent
Audit Committee
Chair Narayan Vasudeo Prabhutendulkar
Arun Kumar Singh, Avijit Mukerji, Suhail Chander, Veni Thapar
- 25 Sep 20265 of 5 present3 independent · 29 days in between
- 26 Aug 20265 of 5 present3 independent · 15 days in between
- 10 Aug 20264 of 5 present3 independent · 20 days in between
- 20 Jul 20265 of 5 present3 independent · 12 days in between
4 earlier meetings
- 7 Jul 20265 of 5 present3 independent · 12 days in between
- 24 Jun 20265 of 5 present3 independent · 29 days in between
- 25 May 20265 of 5 present3 independent · 27 days in between
- 27 Apr 20265 of 5 present3 independent
Nomination and remuneration committee
Chair Vijay Nautamlal Bhatt
Narayan Vasudeo Prabhutendulkar, Subrata Dutta Gupta
- 27 Aug 20263 of 3 present3 independent · 40 days in between
- 17 Jul 20263 of 3 present3 independent · 22 days in between
- 24 Jun 20263 of 3 present3 independent · 62 days in between
- 22 Apr 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Avijit Mukerji
Debasish Panda, Gauri Prosad Sarma
- 31 Aug 20263 of 3 present2 independent · 69 days in between
- 22 Jun 20263 of 3 present2 independent
Risk Management Committee
Chair Suhail Chander
Partha Pratim Sengupta, Veni Thapar, Vijay Nautamlal Bhatt, Debashish Mukherjee
- 25 Aug 20264 of 4 present3 independent · 38 days in between
- 17 Jul 20264 of 4 present3 independent · 23 days in between
- 23 Jun 20264 of 4 present3 independent · 40 days in between
- 13 May 20263 of 4 present3 independent
Corporate Social Responsibility Committee
Chair Subrata Dutta Gupta
Partha Pratim Sengupta, Vijay Nautamlal Bhatt
- 22 Jun 20263 of 3 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditors
Named in the results for the quarter to Mar 2026.
- V. Sankar Aiyar & Co., Chartered AccountantsPeer-review certificate valid to Apr 2028
- V. Singhi & Associates, Chartered AccountantsPeer-review certificate valid to Feb 2027
1 earlier auditor
- Singhi & Co., Chartered AccountantsNamed in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Bandhan Bank AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Bandhan Bank dividend history
Annual general meeting, 24 Aug 2026
6,97,196 shareholders on the register on 17 Aug 2026; present: 1 promoter and 155 others; votes counted by Hansraj Jaria / Hansraj Jaria.The company's voting result
- Consideration and adoption of the Audited Annual Financial Statement of the Bank for the financial year ended March 31, 2026 and the Reports of the Auditors and the Board of Directors thereonOrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.05% · other public 0.01%
Turnout: all 67.86% · promoters 69.28% · institutions 89.28% · other public 24.61%
- Declaration of dividend on equity shares of the Bank for the financial year ended March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 67.95% · promoters 69.28% · institutions 89.49% · other public 24.61%
- Appointment of Mr. Rajinder Kumar Babbar (DIN: 10540386), who retires by rotation as a Director of the Bank and being eligible, offers himself for reappointmentOrdinary96.03% for3.97% against
Against: promoters 0.00% · institutions 7.38% · other public 0.06%
Turnout: all 67.63% · promoters 69.28% · institutions 88.71% · other public 24.61%
- Increase in remuneration of the Joint Statutory Auditors of the BankOrdinary98.65% for1.35% against
Against: promoters 0.00% · institutions 2.49% · other public 0.07%
Turnout: all 67.95% · promoters 69.28% · institutions 89.49% · other public 24.61%
- Appointment of Mr. Debasish Panda (DIN: 06479085) as an Independent Director of the BankSpecial97.28% for2.72% against
Against: promoters 0.00% · institutions 5.06% · other public 0.06%
Turnout: all 67.63% · promoters 69.28% · institutions 88.71% · other public 24.61%
- Appointment and remuneration of Mr. Debasish Panda (DIN: 06479085) as the Non-Executive Chairman of the BankOrdinary97.37% for2.63% against
Against: promoters 0.00% · institutions 4.89% · other public 0.06%
Turnout: all 67.63% · promoters 69.28% · institutions 88.71% · other public 24.61%
- Payment of fixed remuneration to the Non-Executive Directors of the Bank, other than the Non-Executive ChairpersonOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 67.95% · promoters 69.28% · institutions 89.49% · other public 24.61%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 5 Jun 2026, 1 resolution
7,10,401 shareholders on the register on 1 May 2026; votes counted by Hansraj Jaria / Hansraj Jaria.The company's voting result
- Appointment of Mr. Debashish Mukherjee (DIN: 08193978) as an Independent DirectorSpecial99.35% for0.65% against
Against: promoters 0.00% · institutions 1.07% · other public 11.65%
Turnout: all 65.53% · promoters 66.99% · institutions 88.46% · other public 0.32%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 1 Mar 2026, 6 resolutions
7,83,432 shareholders on the register on 23 Jan 2026; votes counted by Hansraj Jaria / Hansraj Jaria.The company's voting result
- Approval for increase in the aggregate number of employee stock options to be granted under ‘Bandhan Bank Employee Stock Option Plan Series 1’Special99.08% for0.93% against
Against: promoters 0.00% · institutions 1.55% · other public 12.48%
Turnout: all 63.96% · promoters 67.10% · institutions 90.76% · other public 0.70%
- Approval for amendments in the ‘Bandhan Bank Employee Stock Option Plan Series 1’Special99.12% for0.88% against
Against: promoters 0.00% · institutions 1.47% · other public 12.48%
Turnout: all 63.96% · promoters 67.10% · institutions 90.76% · other public 0.70%
- Re-appointment of Mr. Ratan Kumar Kesh (DIN: 10082714) as the Executive Director & Chief Operating Officer and Key Managerial Personnel of the BankOrdinary98.10% for1.90% against
Against: promoters 0.00% · institutions 3.23% · other public 11.87%
Turnout: all 63.96% · promoters 67.10% · institutions 90.76% · other public 0.70%
- Remuneration of Mr. Partha Pratim Sengupta (DIN: 08273324), Managing Director & Chief Executive Officer of the BankOrdinary99.44% for0.56% against
Against: promoters 0.00% · institutions 0.92% · other public 12.14%
Turnout: all 63.51% · promoters 67.10% · institutions 89.65% · other public 0.70%
- Remuneration of Mr. Rajinder Kumar Babbar (DIN: 10540386), Executive Director & Chief Business Officer of the BankOrdinary99.44% for0.56% against
Against: promoters 0.00% · institutions 0.92% · other public 12.25%
Turnout: all 63.51% · promoters 67.10% · institutions 89.65% · other public 0.70%
- Remuneration of Mr. Ratan Kumar Kesh (DIN: 10082714), Executive Director & Chief Operating Officer of the BankOrdinary99.44% for0.56% against
Against: promoters 0.00% · institutions 0.92% · other public 12.24%
Turnout: all 63.51% · promoters 67.10% · institutions 89.65% · other public 0.70%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 11 Dec 2025, 2 resolutions
7,97,459 shareholders on the register on 7 Nov 2025; votes counted by Hansraj Jaria / Hansraj Jaria.The company's voting result
- Appointment of Mr. Avijit Mukerji (DIN: 03534116) as a Non-Executive Non-Independent Director (Nominee of Bandhan Financial Holdings Limited)OrdinaryPromoters have an interest in it95.69% for4.31% against
Against: promoters 0.00% · institutions 7.52% · other public 4.66%
Turnout: all 62.97% · promoters 66.87% · institutions 87.85% · other public 0.75%
- Appointment of Mr. Gauri Prosad Sarma (DIN: 09107885) as an Independent DirectorSpecial99.23% for0.77% against
Against: promoters 0.00% · institutions 1.32% · other public 5.13%
Turnout: all 63.23% · promoters 66.87% · institutions 88.48% · other public 0.75%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 21 Aug 2025, 8 resolutions
7,97,153 shareholders on the register on 14 Aug 2025; present: 1 promoter and 142 others; votes counted by Hansraj Jaria / Hansraj Jaria.
- Consideration and adoption of the Audited Annual Financial Statement of the Bank for the financial year ended March 31, 2025 and the Reports of the Auditors and the Board of Directors thereonOrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.04% · other public 0.13%
Turnout: all 62.66% · promoters 65.78% · institutions 88.78% · other public 24.04%
- Declaration of dividend on equity shares of the Bank for the financial year ended March 31, 2025Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 62.69% · promoters 65.78% · institutions 88.86% · other public 24.04%
- Appointment of Mr. Ratan Kumar Kesh (DIN: 10082714), who retires by rotation as a Director and being eligible, offers himself for re-appointmentOrdinary96.59% for3.41% against
Against: promoters 0.00% · institutions 7.23% · other public 0.14%
Turnout: all 62.43% · promoters 65.78% · institutions 88.09% · other public 24.04%
- Appointment of M/s. V. Singhi & Associates, Chartered Accountants, as Joint Statutory Auditors of the Bank, and fixation of the remuneration of Joint Statutory AuditorsOrdinary96.07% for3.93% against
Against: promoters 0.00% · institutions 8.30% · other public 0.14%
Turnout: all 62.69% · promoters 65.78% · institutions 88.86% · other public 24.04%
- Appointment and remuneration of M/s. Makarand M. Joshi & Co., Company Secretaries, as Secretarial Auditor of the BankOrdinary99.33% for0.67% against
Against: promoters 0.00% · institutions 1.40% · other public 0.14%
Turnout: all 62.43% · promoters 65.78% · institutions 88.09% · other public 24.04%
- Appointment of Ms. Veni Thapar (DIN: 01811724) as an Independent DirectorSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 62.43% · promoters 65.78% · institutions 88.09% · other public 24.04%
- Remuneration of Mr. Ratan Kumar Kesh (DIN: 10082714), as Executive Director & Chief Operating OfficerOrdinary99.53% for0.47% against
Against: promoters 0.00% · institutions 0.97% · other public 0.15%
Turnout: all 62.34% · promoters 65.78% · institutions 87.81% · other public 24.04%
- Approval for fixed remuneration for Non-Executive Directors except Part-time Non-Executive ChairpersonOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.15%
Turnout: all 62.69% · promoters 65.78% · institutions 88.86% · other public 24.04%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 26 Dec 2024, 3 resolutions
8,67,301 shareholders on the register on 22 Nov 2024; votes counted by Anjan Kumar Roy / Anjan Kumar Roy & Co..
- Extension of term of appointment of Mr. Ratan Kumar Kesh (DIN: 10082714) as the Interim Managing Director & Chief Executive Officer, Key Managerial Personnel of the BankOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 8.05%
Turnout: all 59.37% · promoters 65.03% · institutions 83.36% · other public 0.34%
- Appointment of Mr. Partha Pratim Sengupta (DIN: 08273324) as a Director of the BankOrdinary99.95% for0.05% against
Against: promoters 0.00% · institutions 0.07% · other public 7.52%
Turnout: all 59.37% · promoters 65.03% · institutions 83.36% · other public 0.34%
- Appointment of Mr. Partha Pratim Sengupta (DIN: 08273324) as the Managing Director & Chief Executive Officer and Key Managerial Personnel of the Bank, including remunerationOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 7.58%
Turnout: all 59.37% · promoters 65.03% · institutions 83.36% · other public 0.34%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 20 Aug 2024, 8 resolutions
Present: 1 promoter and 134 others.
- Adoption of Audited Annual Financial Statement of the Bank for the FY ended March 31, 2024 and the Reports of the Auditors and the Board of Directors thereonOrdinary99.94% for0.06% against
Against: promoters 0.00% · institutions 0.11% · other public 0.46%
Turnout: all 63.70% · promoters 65.03% · institutions 86.40% · other public 0.52%
- Declaration of dividend on equity shares of the Bank for the financial year ended March 31, 2024Ordinary99.90% for0.10% against
Against: promoters 0.00% · institutions 0.17% · other public 0.37%
Turnout: all 63.91% · promoters 65.03% · institutions 86.89% · other public 0.52%
- Appointment of Ms. Divya Krishnan (DIN: 09276201), who retires by rotation as a Director and being eligible, offers herself for re-appointmentOrdinaryPromoters have an interest in it94.96% for5.04% against
Against: promoters 0.00% · institutions 8.51% · other public 2.87%
Turnout: all 63.91% · promoters 65.03% · institutions 86.89% · other public 0.52%
- Appointment of M/s. V. Sankar Aiyar & Co., Chartered Accountants, as Joint Statutory Auditors of the Bank and fixation of the remuneration of Joint Statutory AuditorsOrdinary99.44% for0.56% against
Against: promoters 0.00% · institutions 0.95% · other public 2.33%
Turnout: all 63.91% · promoters 65.03% · institutions 86.89% · other public 0.52%
- Remuneration of Mr. Chandra Shekhar Ghosh (DIN: 00342477), former Managing Director & CEOOrdinary99.08% for0.92% against
Against: promoters 0.00% · institutions 1.51% · other public 16.41%
Turnout: all 63.91% · promoters 65.03% · institutions 86.89% · other public 0.52%
- Remuneration of Mr. Ratan Kumar Kesh (DIN: 10082714), as Executive Director & Chief Operating OfficerOrdinary99.63% for0.37% against
Against: promoters 0.00% · institutions 0.62% · other public 1.57%
Turnout: all 63.91% · promoters 65.03% · institutions 86.89% · other public 0.52%
- Appointment of Mr. Ratan Kumar Kesh (DIN: 10082714) as Interim Managing Director & Chief Executive Officer, Key Managerial Personnel of the BankOrdinary99.92% for0.08% against
Against: promoters 0.00% · institutions 0.12% · other public 4.65%
Turnout: all 63.91% · promoters 65.03% · institutions 86.89% · other public 0.52%
- Approval of material related party transactions with promoter entities for banking transactionsOrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 6.29%
Turnout: all 37.91% · promoters 0.00% · institutions 86.89% · other public 0.52%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 21 Apr 2024, 3 resolutions
- Appointment of Mr. Pankaj Sood (DIN: 05185378) as a Non-Executive Non-Independent Director (Nominee of Caladium Investment Pte. Ltd.)Ordinary99.52% for0.48% against
Against: promoters 0.00% · institutions 0.91% · other public 0.15%
Turnout: all 62.59% · promoters 65.03% · institutions 83.63% · other public 18.82%
- Appointment of Mr. Rajinder Kumar Babbar (DIN: 10540386) as a Director of the BankOrdinary99.55% for0.45% against
Against: promoters 0.00% · institutions 0.84% · other public 0.14%
Turnout: all 62.59% · promoters 65.03% · institutions 83.63% · other public 18.82%
- Appointment of Mr. Rajinder Kumar Babbar (DIN: 10540386) as a Whole-time Director, designated as Executive Director and Key Managerial Personnel of the Bank, including remunerationOrdinary99.03% for0.97% against
Against: promoters 0.00% · institutions 1.84% · other public 0.16%
Turnout: all 62.59% · promoters 65.03% · institutions 83.63% · other public 18.82%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 24 Aug 2026, 34 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Consideration and adoption of the Audited Annual Financial Statement of the Bank for the financial year ended March 31, 2026 and the Reports of the Auditors and the Board of Directors thereon33 for0 against
- Declaration of dividend on equity shares of the Bank for the financial year ended March 31, 202633 for0 against
- Appointment of Mr. Rajinder Kumar Babbar (DIN: 10540386), who retires by rotation as a Director of the Bank and being eligible, offers himself for reappointment34 for0 against
- Increase in remuneration of the Joint Statutory Auditors of the Bank
Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Invesco Mutual Fund, Navi Mutual Fund, PPFAS Mutual Fund, quant Mutual Fund
- Angel One Mutual FundGovernance Concern: Non-audit fee was more than 50% of the Audit Fees in past three financial years.
- Edelweiss Mutual Fund, Groww Mutual Fund, Invesco Mutual Fund, Navi Mutual FundCompliant with law. Governance Concern: Non-audit fee was more than 50% of the Audit Fees in past three financial years.
- PPFAS Mutual FundNon-audit fee was more than 50% of the Audit Fees in last three FYs.
- quant Mutual FundRelated to the approval for increase in remuneration for the Joint Statutory Auditors of the Bank for FY27. Our proxy advisor has raised governance concern that the non-audit fee was 64.50% of the Audit + Audit related fees for FY26. Similarly, for FY25, the portion of non-audit fee was 66.85% and prior to that was 84.29% in FY24. Although the portion of non-audit fees has declined over the past three years, it continues to remain substantial. The company should not avail significant non-audit services from the Statutory Auditors. Such significant quantum of non-audit fee may give rise to conflict-of-interest situations and adversely impact the independence of the audit process.
27 for7 against - Appointment of Mr. Debasish Panda (DIN: 06479085) as an Independent Director of the Bank34 for0 against
- Appointment and remuneration of Mr. Debasish Panda (DIN: 06479085) as the Non-Executive Chairman of the Bank33 for0 against
- Payment of fixed remuneration to the Non-Executive Directors of the Bank, other than the Non-Executive Chairperson34 for0 against
3 proposals not matched to one resolution
- Item 1, as a fund house numbered it1 for0 against
- Item 2, as a fund house numbered it1 for0 against
- Item 6, as a fund house numbered it1 for0 against
Mutual fund votes, meeting of 5 Jun 2026, 33 fund houses
- Appointment of Mr. Debashish Mukherjee (DIN: 08193978) as an Independent Director32 for0 against
1 abstained
Mutual fund votes, meeting of 1 Mar 2026, 31 fund houses
6 proposals
- Approval for increase in the aggregate number of employee stock options to be granted under ‘Bandhan Bank Employee Stock Option Plan Series 1’30 for0 against
1 abstained
- Approval for amendments in the ‘Bandhan Bank Employee Stock Option Plan Series 1’30 for0 against
1 abstained
- Re-appointment of Mr. Ratan Kumar Kesh (DIN: 10082714) as the Executive Director & Chief Operating Officer and Key Managerial Personnel of the Bank30 for0 against
1 abstained
- Remuneration of Mr. Partha Pratim Sengupta (DIN: 08273324), Managing Director & Chief Executive Officer of the Bank30 for0 against
1 abstained
- Remuneration of Mr. Rajinder Kumar Babbar (DIN: 10540386), Executive Director & Chief Business Officer of the Bank30 for0 against
1 abstained
- Remuneration of Mr. Ratan Kumar Kesh (DIN: 10082714), Executive Director & Chief Operating Officer of the Bank30 for0 against
1 abstained
Mutual fund votes, meeting of 11 Dec 2025, 28 fund houses
2 proposals
- Appointment of Mr. Avijit Mukerji (DIN: 03534116) as a Non-Executive Non-Independent Director (Nominee of Bandhan Financial Holdings Limited)27 for0 against
1 abstained
- Appointment of Mr. Gauri Prosad Sarma (DIN: 09107885) as an Independent Director27 for0 against
1 abstained
Mutual fund votes, meeting of 12 Nov 2025, 1 fund house
2 proposals
- Appointment of Mr. Avijit Mukerji (DIN: 03534116) as a Non-Executive Non-Independent Director (Nominee of BFHL) on the Board of the Bank, effective September 25, 2025, liable to retire by rotation.1 for0 against
Appointment of Mr. Gauri Prosad Sarma (DIN: 09107885) as an Independent Director of the Bank, not liable to retire by rotation, for a term of three consecutive years, effective October 28, 2025 up to October 27, 2028.MoreLess
1 for0 against
Mutual fund votes, meeting of 21 Aug 2025, 26 fund houses
8 proposals
- Consideration and adoption of the Audited Annual Financial Statement of the Bank for the financial year ended March 31, 2025 and the Reports of the Auditors and the Board of Directors thereon25 for0 against
1 abstained
- Declaration of dividend on equity shares of the Bank for the financial year ended March 31, 202525 for0 against
1 abstained
- Appointment of Mr. Ratan Kumar Kesh (DIN: 10082714), who retires by rotation as a Director and being eligible, offers himself for re-appointment25 for0 against
1 abstained
- Appointment of M/s. V. Singhi & Associates, Chartered Accountants, as Joint Statutory Auditors of the Bank, and fixation of the remuneration of Joint Statutory Auditors
Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PPFAS Mutual Fund, Zerodha Mutual Fund
- Angel One Mutual FundGovernance Concern: The period of shareholder approval exceeds the period of RBI approval.
- Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundNo concern on merit, competence, eligibility of proposed Auditors. Governance Concern: The period of shareholder approval exceeds the period of RBI approval. Although the Bank cannot be held at fault, concern is being raised due to inconsistency in legal provisions.
- LIC Mutual FundGovernance Concern: The period of shareholder approval exceeds the period of RBI approval. Although the Bank cannot be held at fault, concern is being raised due to inconsistency in legal provisions.
- PPFAS Mutual FundPeriod of shareholder approval exceeds the period of RBI approval. Concern arising due to inconsistency in legal provisions
17 for8 against1 abstained
- Appointment and remuneration of M/s. Makarand M. Joshi & Co., Company Secretaries, as Secretarial Auditor of the Bank
Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PPFAS Mutual Fund, Zerodha Mutual Fund
- Angel One Mutual FundTransparency Concern: Previous Auditor’s remuneration has not been disclosed to ascertain any material change in the proposed audit fee.
- Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundProposed appointment compliant with law. Transparency Concern: Previous Auditor’s remuneration has not been disclosed to ascertain any Material Change in the proposed Audit Fee.
- LIC Mutual FundTransparency Concern: Previous Auditor s remuneration has not been disclosed to ascertain any Material Change in the proposed Audit Fee.
- PPFAS Mutual FundPrevious Auditor’s remuneration has not been disclosed to ascertain any material change in the proposed audit fee
17 for8 against1 abstained
- Appointment of Ms. Veni Thapar (DIN: 01811724) as an Independent Director25 for0 against
1 abstained
- Remuneration of Mr. Ratan Kumar Kesh (DIN: 10082714), as Executive Director & Chief Operating Officer25 for0 against
1 abstained
- Approval for fixed remuneration for Non-Executive Directors except Part-time Non-Executive Chairperson25 for0 against
1 abstained
Mutual fund votes, meeting of 26 Dec 2024, 27 fund houses
7 proposals
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Extension of term of appointment of Mr. Ratan Kumar Kesh (DIN: 10082714) as the Interim Managing Director & Chief Executive Officer, Key Managerial Personnel of the Bank26 for0 against
1 abstained
- Appointment of Mr. Partha Pratim Sengupta (DIN: 08273324) as a Director of the Bank22 for0 against
1 abstained
- Appointment of Mr. Partha Pratim Sengupta (DIN: 08273324) as the Managing Director & Chief Executive Officer and Key Managerial Personnel of the Bank, including remuneration22 for0 against
1 abstained
4 proposals not matched to one resolution
- 2) Appoint Partha Pratim Sengupta (DIN: 08273324) as Director from 1 November 2024, not liable to retire by rotation.1 for0 against
- 3) Appoint Partha Pratim Sengupta (DIN: 08273324) as Managing Director and CEO for three years from 1 November 2024, not liable to retire by rotation and fix his remuneration.1 for0 against
- Appoint Partha Pratim Sengupta (DIN: 08273324) as Director from 1 November 2024, not liable to retire by rotation3 for0 against
- Appoint Partha Pratim Sengupta (DIN: 08273324) as Managing Director and CEO for three years from 1 November 2024, not liable to retire by rotation and fix his remuneration3 for0 against
Mutual fund votes, meeting of 20 Aug 2024, 24 fund houses
8 proposals
- Adoption of Audited Annual Financial Statement of the Bank for the FY ended March 31, 2024 and the Reports of the Auditors and the Board of Directors thereon23 for0 against
1 abstained
- Declaration of dividend on equity shares of the Bank for the financial year ended March 31, 202423 for0 against
1 abstained
- Appointment of Ms. Divya Krishnan (DIN: 09276201), who retires by rotation as a Director and being eligible, offers herself for re-appointment23 for0 against
1 abstained
- Appointment of M/s. V. Sankar Aiyar & Co., Chartered Accountants, as Joint Statutory Auditors of the Bank and fixation of the remuneration of Joint Statutory Auditors23 for0 against
1 abstained
- Remuneration of Mr. Chandra Shekhar Ghosh (DIN: 00342477), former Managing Director & CEO23 for0 against
1 abstained
- Remuneration of Mr. Ratan Kumar Kesh (DIN: 10082714), as Executive Director & Chief Operating Officer23 for0 against
1 abstained
- Appointment of Mr. Ratan Kumar Kesh (DIN: 10082714) as Interim Managing Director & Chief Executive Officer, Key Managerial Personnel of the Bank23 for0 against
1 abstained
- Approval of material related party transactions with promoter entities for banking transactions23 for0 against
1 abstained
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines and tax disputes
Reported in the filing for the quarter to Sep 2026.
- Fine or penaltyReserve Bank of India, KanpurSince 6 Aug 2026
Penalty of Rs. 10,000 imposed by the RBI.
In line with RBI Circular on ‘Facility for Exchange of Notes and Coins’ dated April 01, 2026, RBI has imposed a penalty of Rs.10,000 and deducted the same from the current account maintained with RBI on August 6, 2026, for following deficiency observed while undertaking Incognito visit at Kakadeo, Kanpur branch (Sol ID - 2481) on July 6, 2026: i) The facility for exchange of mutilated notes to the general public was not provided in the said branch in accordance with the extant RBI instructions.MoreLess
- Fine or penaltyReserve Bank of India, KolkataSince 17 Aug 2026
Penalty of Rs. 200 imposed by the RBI.
In line with RBI Master Direction DCM (CC) No. G-3/03.06.001/2026-27 dated April 01, 2026 on Master Direction on Incentives for Currency Distribution and Exchange and Penalties / Penal Provisions for Bank Branches and Currency Chests for Deficiency in Rendering Customer Service and Reporting of Transactions / Balances (Updated as on May 27, 2026), RBI has imposed a penalty of Rs.200 and deducted the same from the current account maintained with RBI on August 11, 2026, for the following deficiency / irregularity observed during CVPS processing carried out by RBI on May 11 & 12, 2026 for cash remitted on May 7, 2026 by New Town Currency Chest: (i) Mutilated currency notes - four pieces of Rs.200 currency notes.MoreLess
- Fine or penaltyReserve Bank of India, KolkataSince 15 Sep 2026
Penalty of Rs. 8.850 imposed by the RBI.
In line with RBI Master Direction DCM (CC) No. G-3/03.06.001/2026-27 dated April 01, 2026 on Master Direction on Incentives for Currency Distribution and Exchange and Penalties / Penal Provisions for Bank Branches and Currency Chests for Deficiency in Rendering Customer Service and Reporting of Transactions / Balances (Updated as on May 27, 2026), RBI has imposed penalties of Rs. 450 and Rs. 8400, which have been deducted from the current account maintained with RBI on September 15, 2026, for the following deficiencies / irregularities observed during CVPS processing carried out by RBI on February 19, 20, 21 & 23, 2026 for cash remitted on February 16, 2026 by New Town Currency Chest: (i) Mutilated currency notes - four pieces of Rs. 500 currency notes; three pieces of Rs.200 currency notes; two pieces of Rs.100 currency notes. (ii) Shortage currency notes - forty two pieces of Rs.200 currency notesMoreLess
- Fine or penaltyReserve Bank of India, GuwahatiSince 29 Sep 2026
Penalty of Rs. 50 imposed by the RBI.
In line with RBI Master Direction DCM (CC) No. G-3/03.06.001/2026-27 dated April 01, 2026 on Master Direction on Incentives for Currency Distribution and Exchange and Penalties / Penal Provisions for Bank Branches and Currency Chests for Deficiency in Rendering Customer Service and Reporting of Transactions / Balances (Updated as on May 27, 2026), RBI has imposed a penalty of Rs. 50 deducted from the current account maintained with RBI on September 29, 2026, for the following deficiency / irregularity observed during CVPS processing carried out by RBI on August 11, 2026 for cash remitted on August 7, 2026 by Guwahati Currency Chest: (i) Shortage currency notes - one piece of Rs. 50 currency notesMoreLess
- Tax disputeIncome Tax Department, Faceless Assessment UnitSince 25 Mar 2025There is no further update as on date September 30, 2026.
At the filing before: The Order has been passed pertaining to AY: 2023-24 (FY: 2022-23), wherein there is a tax demand including applicable interest amounting to Rs.119.38 crore on account of disallowances of certain expenditure/ deductions claimed. The Bank had filed appeal before CIT(A) on April 23, 2025. There is no further update as on June 30, 2026.MoreLess
- Tax disputeAssistant Commissioner, CGST & C.EX, Division-IX, MumbaiSince 3 Oct 2025There is no further update as on date September 30, 2026.
At the filing before: Maharashtra Central GST Authority has issued a demand order for excess/ ineligible Input Tax Credit availed/ utilized, non-payment of GST on cheque return charges, etc., for FY: 2018-19, 2019-20, 2020-21, 2021-22, 2022-23, amounting to Rs.2,17,61,705/- (Tax: Rs. 1,08,36,554/-; Interest: Rs. 38,597/- and Penalty: Rs. 1,08,86,554/-), along with applicable interest u/s 50 of CGST Act, 2017. The Bank had filed appeal before the Commissioner on December 24, 2025. There is no further update as on June 30, 2026.MoreLess
- Tax disputeDeputy Commissioner, Range-2, GujaratSince 26 Dec 2025There is no further update as on date September 30, 2026.
At the filing before: Gujarat state GST authority has issued a demand order for excess/ ineligible Input Tax Credit availed/ utilized, non-payment of GST on some incomes, etc., by Bandhan Bank for FY: 2021-22 amounting to Rs.2,99,96,684/- (Tax: Rs.1,68,93,674/-; Interest: Rs.1,14,13,643/- and Penalty: Rs.16,89,367/-). The Bank had filed appeal before the Deputy Commissioner on March 23, 2026. There is no further update as on June 30, 2026.MoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.