Bandhan Bank Ltd.

NSE: BANDHANBNK | BSE: 541153 | ISIN: INE545U01014 |Industry: Banks
|Mid-range Performer
316.65 -2.25 (-0.71%)
NSE Jun 18, 2021 15:31 PM
Volume: 3.6M
 

Bandhan Bank Ltd.    
09 May 2021
316.65
-0.71%
buy
ICICI Securities Limited
Bandhan Bank posted weak results on the operating front with elevated provisioning hurting profitability. Asset quality performance and developments in key states like Assam and West Bengal would call for a cautious approach in the near term. Asset quality on a reported basis saw a spike as GNPA ratio jumped from 1.18% to 6.81% QoQ due to removal of standstill norms. On a proforma basis, asset quality appears to have improved from GNPA proforma level of 7.12% in the previous quarter but this was led by accelerated write-off worth...
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Axis Direct released a Buy report for Bandhan Bank Ltd. on 15 Jun, 2021.
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