 "Bandhan Bank")
Shares of Bandhan Bank dipped 7 per cent to Rs 272.55 on the BSE in Monday’s intra-day trade after the bank reported net loss of Rs 3,009 crore in the second quarter ended September 2021 (Q2FY22) on huge provisions of over Rs 4,600 crore for the bad loans and restructured advances. It had posted a net profit of Rs 920 crore in Q2FY21. The stock of private sector lender is trading close to its 52-week low of Rs 259.40 touched on August 25, 2021.
During the quarter, the bank has made accelerated provision on non-performing assets (NPA) accounts of
During the quarter, the bank has made accelerated provision on non-performing assets (NPA) accounts of
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