Bandhan Bank Profit Rises 20% Even As Microfinance Bad Loans Spike
The Prabhadevi Branch of Bandhan Bank. (Photographer: Anirudh Saligrama/BloombergQuint)

Bandhan Bank Profit Rises 20% Even As Microfinance Bad Loans Spike

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Microlender-turned commercial bank Bandhan Bank Ltd. today posted a 20.3 percent profit growth in March quarter to Rs 388 crore, but reported a fourfold spike in bad loans in its core micro-lending...
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