Rajeev Mantri, CFO, Bandhan Bank, says the overall targeted strategy is the bank has to continue doing the good work that it has done in the past, but making sure that the deposit drive continues and with a liability-first approach, which means that the advances will need to continue, but the bank needs to continue … Read more
Chandra Shekhar Ghosh, MD & CEO, Bandhan Bank, says last financial year the bank had opened 300 branches and for that recruited 2,000 people. That cost is showing in the book but they had not given the full business of last year. Their business will be forwarded to this financial year and next and onward. … Read more
Mumbai: Bandhan Bank fell more than 6% Monday after founder and chief executive, Chandra Shekhar Ghosh, announced a voluntary exit despite a board nod to continue in the top job. Brokerages Jefferies and Nomura have slashed their target prices for the stock of the Kolkata-based lender that emerged as a full-service bank after decades of … Read more
“There are a good number of senior management people we have already boarded to the bank and they are also setting up the bank and so it is the right time, given we have a very professional team,” says Chandra Shekhar Ghosh, MD & CEO, Bandhan Bank.What are your future plans?I need to retire and … Read more
“If we see that whatever the slippage happened in the Rs 1390 crores, out of that 45% of this slippage happened in the October month, which in that the two causes we mentioned about it,” says Chandra Shekhar Ghosh, MD & CEO, Bandhan Bank.Well, the credit cost this quarter has remained quite stable. But if … Read more
