Bandhan Bank shares dropped 10% after the lender released its Q1 earnings. The bank reduced its return on assets guidance due to global economic uncertainties. Higher staff and technology expenses also contributed to increased operational costs. Despite a profit rise, net interest income saw a modest increase. Asset quality improved, with non-performing assets showing a significant decline.

Bandhan Bank reported a 35% rise in Q1 net profit to Rs 502 crore, driven by lower provisions despite weaker operating profit. Gross NPAs improved, advances grew 16%, while higher…

Kolkata, Jul 21 (PTI) Private sector lender Bandhan Bank Ltd on Tuesday reported a 35 per cent year-on-year rise in its net profit to Rs 502 crore for the first quarter of the…

Bandhan Bank reports a 35% rise in Q1 net profit to ₹501.67 crore, driven by reduced provisions and stable NII growth.

Nomura maintains a neutral rating with a target price of ₹190

Bandhan Bank shares hit the 10% lower circuit after the lender cut its RoA guidance, overshadowing a 35% year-on-year rise in Q1FY27 net profit. Motilal Oswal downgraded the stock…