With red flags waning, can this bank stock deliver solid returns? - Economic Times

4/5/2022 12:00:00 AM3 years 1 month ago
by Amit Mudgill
by Amit Mudgill
Jefferies finds the stock Rs 380 worthy. This brokerage said that the bank is carrying sufficient provision and that the CASA ratio should stabilise in the first quarter of FY23.
NEW DELHI: Bandhan Bank's March quarter updates were robust with loans and advances crossing the Rs 1 lakh crore-mark. The loans growth came in at 16 per cent while deposits at Rs 96,331 crore saw a … [+2566 chars]
full article...