Commercial banking operations across India will function normally on October 29 with branch closures restricted to Shimla for Karwa Chauth. The regional holiday schedule applies to branches of major lenders including the State Bank of India, HDFC Bank, and ICICI Bank in the designated city. Financial institutions in other states and metropolitan centers will conduct regular physical banking operations during regular business hours. Customers in regions observing branch closures can continue accessing digital banking services, automated teller machines, and mobile payment platforms. Transactions requiring in-person verification or physical clearing house processing will remain deferred until physical banking halls resume operations. Meanwhile, private sector lender Bandhan Bank reported its unaudited financial earnings for the quarter ended September 30, 2026. The Kolkata-headquartered lender recorded a net profit after tax of Rs 622 crore for the second quarter of the fiscal year. The quarterly profit figure represents a substantial expansion compared to the Rs 112 crore net earnings posted during the corresponding quarter last year.
Total deposits accumulated by the banking institution expanded by 9 percent year-on-year to touch Rs 1.73 lakh crore. The private lender demonstrated asset quality improvement with its gross non-performing asset ratio moderating to 3.1 percent compared to 5.0 percent previously. Net non-performing assets stood at 0.9 percent during the quarter, improving from 1.4 percent registered in the second quarter of the previous fiscal period. Operating profit generated by the institution climbed to Rs 1,556 crore compared to Rs 1,310 crore posted in the second quarter of the previous year.
The Liquidity Coverage Ratio of Bandhan Bank stood at approximately 137.88% as of September 30, 2026, according to ScanX.
In the first quarter of FY 2026-27, Bandhan Bank reported a standalone net profit of ₹501.67 crore, registering a strong growth of 34.9% from ₹371.96 crore in the same period last year.
The lender maintained a capital adequacy ratio of 18.3 percent as of September 30, comfortably exceeding regulatory capital requirements.
