Bandhan Bank Ltd shares surged 6.57% to ₹185 on June 9, marking a strong rally for the second consecutive session. The stock opened at ₹174.80 and touched a high of ₹185.75 during the day, with a volume-weighted average price (VWAP) of ₹181.91.
Despite trading well below its 52-week high of ₹222.30, the stock showed robust momentum supported by healthy trading volumes of 21.13 lakh shares and a turnover of ₹38.43 crore.
High-weightage financial stocks and private banks gained momentum on Monday, driving the Bank Nifty index to a record level of 57,049.50, crossing the 57,000 mark for the first time. This surge was fuelled by the Reserve Bank of India’s (RBI) unexpected 50 basis point rate cut and a shift to a neutral policy stance aimed at boosting credit growth and supporting bank margins.
Alongside the repo rate reduction, the RBI also lowered the cash reserve ratio (CRR) by 100 basis points, signalling a pause on aggressive easing measures going forward.
The overall market opened positively on Monday, bolstered by encouraging US jobs data and progress in US-India trade negotiations. This supportive environment lifted investor sentiment and contributed to the strength seen in banking and financial shares.
Bandhan Bank reported a remarkable increase in its net profit for the quarter ending March 31, 2025, reaching ₹318 crore more than five times higher than ₹55 crore during the same period last year. This impressive profit growth was primarily driven by reduced provisioning expenses, despite a slight decline in net interest income (NII).
For Q4 FY25, the bank’s net revenue stood at ₹3,456 crore, marginally lower than ₹3,560 crore recorded in the prior year’s quarter. NII decreased by 4% year-on-year to ₹2,756 crore, while the net interest margin (NIM) contracted to 6.7%, down 4% compared to the previous year.
Read More: Nifty 50 Rises for 4th Straight Session on June 9; Kotak Bank, Jio Financial Among Top Gainers.
Bandhan Bank’s recent stock rally reflects strong investor confidence following the RBI’s surprise rate cut and supportive macroeconomic factors. The bank’s robust quarterly profit growth, driven by improved asset quality and controlled provisions, further adds to the positive market sentiment.
As the banking sector continues to respond to the changing monetary policy landscape, Bandhan Bank remains a key player to watch in the financial space.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 9, 2025, 11:32 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates