NPA

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

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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

Equitas SFB: If rates stabilise, our NIMs should be fairly comfortable going forward: PN Vasudevan, Equitas SFB

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Equitas SFB: If rates stabilise, our NIMs should be fairly comfortable going forward: PN Vasudevan, Equitas SFB

PN Vasudevan, MD & CEO, Equitas Small Finance Bank, says “NPA has moved up from 2.21% to 2.39% in the third quarter. By and large, NPA is fairly under control and the third quarter typically for us is a seasonally weak quarter from collections because in most of South India, we get the heaviest rains … Read more