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HKFP
5 days ago
- Politics
- HKFP
Gov't mulls appealing against court ruling granting trans people access to toilets matching their gender identity
The Hong Kong government is considering appealing against a court ruling that granted transgender people access to public toilets in line with their affirmed genders. In a statement on Thursday, a day after the High Court ruled in favour of a trans man challenging the laws that ban people from entering public bathrooms designated for the opposite sex, the government said it was considering an appeal and that the laws were still in effect. The segregation of sex in public toilet use was 'widely accepted by society' and the provisions protected privacy and safety, the government said. 'The establishment of sex-segregated public toilets… aims to protect the privacy and safety of the public when using public toilets, and to reflect social norms and expectations,' the Environmental and Ecology Bureau (EEB) spokesperson said. The EEB oversees the Food and Environmental Hygiene Department (FEHD), which manages Hong Kong's public toilets and bathrooms. In a judgment handed down on Wednesday, High Court Judge Russell Coleman ordered the government to strike down two provisions in the city's Public Conveniences (Conduct and Behaviour) Regulation. Provisions 7 and 9 of the PCCBR state that no male person, other than a child under five who is accompanied by a female relative or nurse, can enter a public toilet allocated for women, and vice versa. Coleman said the laws 'create a disproportionate and unnecessary intrusion into the privacy and equality rights' and contravened Article 25 of the Basic Law, under which all Hong Kong residents are equal before the law. 'Many trans people choose not to use public conveniences at all, due to fear, the threat of harassment, and to avoid having their gender identity invalidated or undermined,' the judge wrote. But he suspended the order for one year to allow the government to 'consider and implement the appropriate way to resolve the contravention.' The PCCBR only applies to public toilets managed by the FEHD. The High Court judgment did not touch upon the regulations of privately managed toilets accessible to the general public. K, the trans man who filed the judicial review – a legal tool to challenge government policies – against the public toilet laws, called Wednesday's court ruling 'a progressive step towards a more gender-friendly environment in Hong Kong.' 'Today, my transgender friends who are still undergoing gender transitions and I can openly use public restrooms without fear of being denied,' he said in a Chinese-language statement released by his legal representatives after the verdict was released. Transgender concern group Quarks urged the government to 'immediately strike down' the provisions, as well as to comprehensively review gender-related laws and policies. The government said in the Thursday statement that gender-neutral toilets, including accessible toilets for the disabled and unisex toilets, were available 'near about half of all sex-segregated toilets.' Such facilities 'are available for use by all members of the public, including transgender individuals,' the government said.
Business Standard
21-07-2025
- Business
- Business Standard
Bandhan Bank slips after Q1 PAT slides 65% YoY to Rs 372 cr
Bandhan Bank fell 2.08% to Rs 183.30 after the bank reported 65.02% de-growth in standalone net profit to Rs 371.96 crore on a 1.97% rise in total income to Rs 6,201.49 crore in Q1 FY26 over Q1 FY25. Operating profit declined 14.06% to Rs 1,668 crore in Q1 FY26 as against Rs 1,941 crore posted in Q1 FY25. Net interest income (NII) dropped 7.7% year on year (YoY) to Rs 2,757 crore in Q1 FY26. Net Interest Margin (NIM) for the quarter was 6.4%. The provisions (other than tax) & contingencies stood at Rs 1,147 crore in Q1 FY26, registering growth of 119.31% YoY, compared to Rs 523 crore in Q1 FY25. As of 30 June 2025, total deposits stood at Rs 1.55 lakh crore as against Rs 1.33 lakh crore in the previous year, registering a growth of 16% YoY. The CASA deposits stood at Rs 41,858 crore, and the CASA ratio stood at 27.1%. As of 30 June 2025, gross advances stood at Rs 1.34 lakh crore, up 6% as against Rs 1.26 lakh crore in the same quarter the previous year. On a YoY basis, retail books (other than housing) grew 78%, wholesale banking grew 32%, and the housing book showed a growth of 15%. The EEB book shrunk by 15% during this period. On the asset quality front, the gross NPA ratio improved to 5% in Q1 FY26 from 4.2% in Q1 FY25. The net NPA ratio stood at 1.4% as of 30 June 2025, compared to 1.1% as of 30 June 2024. The provision coverage ratio as of 30 June 2025, is 73.7%; including write-off PCR, it stands at 87.3%. The collection efficiency for EEB loans stood at 97.6% for the quarter ended 30 June 2025. As of 30 June 2025, the Banks capital adequacy ratio stood at 19.4% as against a regulatory requirement of 11.5%. The banks distribution network spans nearly 6,350 outlets. The bank's total customer base stands at 3.14 crore customers. The bank currently has more than 73,000 employees. Partha Pratim Sengupta, MD & CEO, said, "Bandhan Bank has delivered a sequentially improving performance in Q1 FY26, marked by strong growth in deposits and continued momentum in retail & wholesale banking. While the operating environment poses certain challenges, our performance reflects the underlying resilience of our business and the strength of our strategic direction. We remain focused on prudent risk management, operational efficiency, and delivering long-term value for our customers and stakeholders." Bandhan Bank operates as a commercial bank. The banks distribution network spans nearly 6,350 outlets. The bank's total customer base stands at 3.14 crore customers. The bank currently has more than 73,000 employees.
The Print
18-07-2025
- Business
- The Print
Stress on microfinance business pulls down Q1 net of Bandhan Bank: MD&CEO
MD&CEO of Bandhan Bank Partha Pratim Sengupta told reporters here that the two quarters are not strictly comparable. In the first quarter of 2025-26, the bank had posted a net profit of Rs 372 crore. In the previous similar period, the post-tax profit of the lender stood at Rs 1,063 crore. Kolkata, Jul 18 (PTI) Private sector lender Bandhan Bank on Friday said that the stress on the emerging entrepreneurs business (EEB), broadly the microfinance portfolio, has pulled down the net profit in the first quarter of 2025-26. 'The profitability of the bank in the first quarter of the current financial year was down due to headwinds in the EEB microfinance business. The EEB portfolio had a bearing on the profitability. We remain cautiously optimistic in the second and subsequent quarters', he said. The bank's total business at the end of the first quarter of the current fiscal stood at Rs 2.88 lakh crore. Sengupta said that the bank has sequentially improved profitability and has been able to increase the proportion of secured loans in overall advances. 'The asset base has become more diversified. The bank has a strong capital adequacy ratio to support future growth', he said. During the quarter, the bank has made a technical write-off amounting to Rs 1,047 crore, Sengupta said. He said that the bank is focusing on retail growth and product innovation. The bank remained focused on prudent risk management and operational efficiency, Sengupta said. PTI dc RG This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
News18
18-07-2025
- Business
- News18
Stress on microfinance business pulls down Q1 net of Bandhan Bank: MD&CEO
Agency: PTI Kolkata, Jul 18 (PTI) Private sector lender Bandhan Bank on Friday said that the stress on the emerging entrepreneurs business (EEB), broadly the microfinance portfolio, has pulled down the net profit in the first quarter of 2025-26. In the first quarter of 2025-26, the bank had posted a net profit of Rs 372 crore. In the previous similar period, the post-tax profit of the lender stood at Rs 1,063 crore. MD&CEO of Bandhan Bank Partha Pratim Sengupta told reporters here that the two quarters are not strictly comparable. 'The profitability of the bank in the first quarter of the current financial year was down due to headwinds in the EEB microfinance business. The EEB portfolio had a bearing on the profitability. We remain cautiously optimistic in the second and subsequent quarters", he said. The bank's total business at the end of the first quarter of the current fiscal stood at Rs 2.88 lakh crore. Sengupta said that the bank has sequentially improved profitability and has been able to increase the proportion of secured loans in overall advances. 'The asset base has become more diversified. The bank has a strong capital adequacy ratio to support future growth", he said. During the quarter, the bank has made a technical write-off amounting to Rs 1,047 crore, Sengupta said. He said that the bank is focusing on retail growth and product innovation. The bank remained focused on prudent risk management and operational efficiency, Sengupta said. PTI dc RG view comments First Published: July 18, 2025, 17:30 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
18-07-2025
- Business
- Time of India
Bandhan Bank Q1 Results: PAT falls 65% YoY to Rs 372 crore, NII down 8%
Bandhan Bank on Friday reported a 65% drop in its Q1FY26 net profit at Rs 372 crore compared with Rs 1,063 crore posted in the year ago period. The Net interest income (NII) in the quarter under review stood at Rs 2,757 crore versus Rs 2,987 crore in the year ago period, witnessing an 8% decline. On a sequential basis, the profit after tax (PAT) rose 17% versus Rs 318 crore while the NII was flat versus 2,756 crore in Q4FY25. Explore courses from Top Institutes in Select a Course Category Healthcare Project Management MBA Data Analytics Data Science Data Science MCA Finance CXO Digital Marketing Design Thinking Product Management Operations Management PGDM Management Leadership Public Policy Others others Degree healthcare Technology Cybersecurity Artificial Intelligence Skills you'll gain: Financial Analysis in Healthcare Financial Management & Investing Strategic Management in Healthcare Process Design & Analysis Duration: 12 Weeks Indian School of Business Certificate Program in Healthcare Management Starts on Jun 13, 2024 Get Details The Net Interest Margin (NIM) for the quarter stood at 6.4%. Bandhan Bank's net revenue as of Q1FY26 was reported at Rs 3,483 crore as compared to Rs 3,533 crore in Q1 FY25 and Rs 3,456 crore in Q4FY25. Lender's operating profit was reported at Rs 1,668 crore in Q1FY26 compared to Rs 1,941 crore in Q1FY25 and Rs 1,571 crore in Q4FY25. Live Events The provisions (other than tax) & contingencies charged to the Profit and Loss for Q1 FY26 were at Rs 1,147 crore compared to Rs 523 crore in Q1 FY25. In Q4 FY25, provisions were at Rs 1,260 crore. Deposits As of June 30, 2025, total deposits stood at Rs 1.55 lakh crore as against Rs 1.33 lakh crore in the previous year – a growth of 16% YoY. The CASA deposits stood at Rs 41,858 crore and CASA Ratio stood at 27.1%. The retail term deposits stood at Rs 63,661 crore, growing 34% YoY while retail deposit to total deposit ratio stood at 68%. Advances As of June 30, 2025, gross advances stood at Rs 1.34 lakh crore as against Rs 1.26 lakh crore in the previous year – a growth of 6% YoY. On a YoY basis, retail book (other than housing) grew 78%, wholesale banking grew 32% and the housing book showed a growth of 15%. EEB Book shrank by 15% during this period. Asset Quality The collection efficiency for EEB loans stood at 97.6% for the quarter ended June 30, 2025. The bank's Gross Non-Performing Assets (NPA) was 5.0% in Q1 FY26 while Net NPA was 1.4% in Q1FY26. Provision Coverage Ratio (PCR) as of June 30, 2025 stood at 73.7%. Including the write-off PCR stood at 87.3%. Capital Adequacy As of June 30, 2025, the Bank's capital adequacy ratio, including profits, stood at 19.4% as against a regulatory requirement of 11.5%.
