Bandhan Bank Q2: net profit surging over 450% YoY to Rs622 Cr as provisions decline and NII rises 14%
India, Oct. 29 -- It is an Indian private-sector bank headquartered in Kolkata. It provides banking and financial services to individuals, small businesses, microfinance borrowers and corporate customers. The bank offers savings and current accounts, deposits, loans and other financial products. Its lending portfolio spans microfinance, retail, housing and wholesale banking. The bank's performance depends on loan growth, deposit mobilisation, net interest income, credit costs and the quality of its loan portfolio
The Nifty 50 traded at 22,784.90, up by 0.38%, while the Sensex gained to 73,565.07, up by 0.44% on Thursday. The shares of Bandhan Bank are currently trading at Rs. 157.66, up by 1.48%. The company has a market capitalisation...
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