Bandhan Bank - Asset Quality Challenges To Ease On MFI Relief Measures: Motilal Oswal

A branch of Bandhan Bank Ltd. in the Prabhadevi area of Mumbai, India. (Source: BloombergQuint)

Bandhan Bank - Asset Quality Challenges To Ease On MFI Relief Measures: Motilal Oswal

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.

Motilal Oswal Report

The Finance Minister Nirmala Sitharaman in its press conference yesterday announced relief measures for the micro finance institutions.

The government announced credit guarantee scheme amounting to Rs 75 billion for incremental disbursements with maximum borrower indebtedness of up to Rs 1,25 lakh.

The scheme would provide relief to ~25 lakh MFI borrowers which corresponds to ~4% of active borrower base.

This has come on the back of recent relief package for MFI borrowers that was announced last week by the state government of Assam providing relief to key MFI lenders.

Click on the attachment to read the full report:

Motilal Oswal Bandhan Bank Company Update.pdf

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 author entity 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.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.