BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Securities Report
Bandhan Bank Ltd. has reported better-than-expected profit after tax of Rs 9.2 billion in Q2 FY21 (down 5% YoY, up more than 65%), buoyed by 25% YoY growth in operating profit and lower credit cost.
Contingency buffer build up continued (another Rs 3 billion, taking cumulative buffer to 2.8% of asset under management) – a move towards guided credit cost range of 3.5% over the next few quarters.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR