Bandhan Bank Shares Tumble 20% in Two Days After Q1 Guidance Cut

shares extended their sharp decline on Thursday, July 23, 2026, falling over 3% intraday and logging nearly 20% losses over two trading sessions. The sell-off was triggered by the bank's conservative FY27 outlook following its June quarter results. Management slashed its FY27 RoA guidance to 1.2-1.4% from the earlier 1.6-1.8%, citing tighter NIMs at around 6.2% due to elevated funding costs and liquidity pressures. It also trimmed loan growth expectations to the lower end of 14-15% amid rising asset quality risks from higher energy costs and monsoon uncertainties.