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...