Bandhan Bank reported Q3 results during market hours. NII increased 37.1% y/y to Rs 1,541 crore. PAT was up 120.9% y/y to Rs 731 crore. NIM (annualized) for the quarter stood at 7.9% (merged) compared to 10.5% (standalone) for the same period last year. Gross NPA declined 50bps to 1.9% against 2.4% as on December 31, 2018 (standalone).