Bandhan Bank Q1 Preview: PAT seen falling up to 14% in a soft quarter

Bandhan Bank Q1 Preview: PAT seen falling up to 14% in a soft quarter

Bandhan Bank is expected to report muted numbers in a seasonally weak quarter, also let down by a sequential decline in loan growth. In its first quarter update, the lender said its loan growth declined 5% on a sequential basis, and deposit growth remained flat. However, erring on the optimistic side, the bank guided for … Read more

Bear Trap! Why Bandhan Bank shares hit 3-year low

Bear Trap! Why Bandhan Bank shares hit 3-year low

Shares of Bandhan Bank declined for the third consecutive session on Tuesday to hit a near 3-year low and were the worst hit on the Nifty Bank index. In 3 sessions, the stock has lost more than 14%. The fall in trade today was backed by significant volumes of more than 17 million shares, more … Read more