As harvest season starts, credit demand will resume: Bandhan Bank chief

In a Q&A, C S Ghosh, the lender's MD & CEO says he does not foresee major asset quality deterioration once economic activity resumes

Chandra Shekar Ghosh, MD & CEO, Bandhan Bank says the extra provisioning made by the bank in March quarter should be adequate to take care of any Covid-19-related asset quality pressures. In a telephonic interview with Hamsini Karthik and Namrata Acharya, he explains that as lockdown lifts, demand for loans should resume. Edited excerpts:

Is the extra provisioning in March quarter adequate to absorb any Covid-related asset quality pressures in future?

We have not seen a situation like this before. But if you analyse it based on how we have fared in past instances, whether demonetisation in March 2017 or