
Bandhan Bank Approves Q1 Unaudited Results, Announces CFO Appointment and AGM Details
Bandhan Bank Ltd. has approved its Unaudited Financial Results for the first quarter (Q1) ended June 30, 2026. The bank also announced key changes in senior management, including the appointment of a new interim Chief Financial Officer (CFO), while extending the tenure of the Chief of Internal Vigilance (CIV). Furthermore, the bank set dates for its upcoming Annual General Meeting (AGM).The Board of Directors reviewed and approved the Unaudited Financial Results for Q1 ended June 30, 2026. In addition to the results, the bank provided the Limited Review Report from its Joint Statutory Auditors and an Earnings Update Presentation related to the financial performance. The trading window for securities of the Bank, which was closed for Designated Persons, their immediate relatives, Auditors, and Connected Persons starting July 01, 2026, will reopen 48 hours after this declaration.
Senior Management Updates
The bank announced changes in its senior leadership following the resignation of Mr. Rajeev Mantri, who served as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). His last working day with Bandhan Bank was September 25, 2026.In light of this transition, the Board approved the appointment of Mr. Vinay Jain as the Interim CFO and KMP. Mr. Jain is set to take up these responsibilities starting September 26, 2026, until March 31, 2027. Mr. Jain, a Chartered Accountant and commerce graduate, has over two decades of experience in finance and banking across global and domestic financial institutions. He currently serves as the Head Finance & Accounts at Bandhan Bank, having joined the bank in March 2025. His prior executive roles included positions with DBS Bank, Citibank, and ICICI Bank, offering exposure to markets both in India and internationally including Singapore.
Internal Vigilance Chief Extended
The Board also approved an extension of the tenure for Mr. Prakash E, who serves as the Chief of Internal Vigilance (CIV). Previously appointed on February 12, 2026, Mr. Prakash E's role is extended up to September 30, 2026, or until a new CIV joins the bank, whichever comes first.Mr. Prakash E brings approximately 25 years of experience to his role. He joined the Vigilance Department at Bandhan Bank on November 21, 2022. His educational background includes BSc (Biochemistry) and MSc (Cyber Forensics and Information Technology) from the University of Madras. Prior professional engagements include working in the Financial Crime Prevention Group at ICICI Bank, serving as Global Forensic Audit at Samsung, and holding the position of Assistant General Manager -Special Audits at Chemplast Sanmar.
Annual General Meeting Details
Bandhan Bank confirmed that its 12th Annual General Meeting (AGM) will be held on Monday, August 24, 2026, at 11:00 a.m. The meeting will be conducted via Video-Conferencing (VC) or Other Audio-Visual Means (OAVM).For the purpose of dividend determination, the Record Date has been fixed as Monday, August 17, 2026. If a dividend is declared by the Members during the AGM, it must be paid to eligible Members within 30 days of its declaration date.
BANDHANBNK Stock Price Movement
Shares of Bandhan Bank Limited today shed 1.82%, settling at ₹208.83 after trading in the equity market. The stock exchanged within a range spanning from ₹206.60 to ₹215.92, with over 12 million shares traded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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