Bandhan Bank Q3 Profit Halves, NII Falls 5%; Asset Quality Improves

• Bandhan Bank's Q3 net profit dropped by 51.6% year-on-year to Rs 205.6 crore, missing CNBC-TV18's estimate.
• Net Interest Income (NII) declined by 4.5% to Rs 2,689 crore, also below market expectations.
• Other income halved to Rs 691 crore compared to Rs 1,111 crore in the same quarter last year.
• Despite profit decline, asset quality improved significantly with Gross NPA falling to 3.33% and Net NPA to 0.99%.

Why It Matters: Bandhan Bank's Q3 profit halved due to NII and other income decline, but asset quality showed improvement.