Bandhan Bank: Chandra Shekhar Ghosh explains Bandhan Bank’s extra provisioning, opex issues and sees credit cost @1.5-1.8% next FY

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

Bandhan Bank: Will there be any tailwinds for Bandhan Bank on NIMs going forward? Chandra Shekhar Ghosh explains

“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