Q1 Results: Bandhan Bank Profit Boosted By Lower Provisions, Strong Deposit Growth
Bandhan Bank’s strong deposit growth can be attributed to the bank’s strong presence in the rural and semi-urban areas, says CEO Chandra Shekhar Ghosh. (Photographer: Anirudh Saligrama/BloombergQuint)

Q1 Results: Bandhan Bank Profit Boosted By Lower Provisions, Strong Deposit Growth

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Bandhan Bank Ltd.’s quarterly profit beat analysts’ expectations, led by lower provisions and strong deposit growth.The lender’s provisions for the quarter ended June 30 fell 18.3 percent sequentia...
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