Bandhan Bank reported a 35% rise in Q1 net profit to Rs 502 crore, driven by lower provisions despite weaker operating profit. Gross NPAs improved, advances grew 16%, while higher staff and technology costs, along with lower treasury income, weighed on earnings.
Bandhan Bank reported a 35% rise in Q1 net profit to Rs 502 crore, driven by lower provisions despite weaker operating profit. Gross NPAs improved, advances grew 16%, while higher staff and technology costs, along with lower treasury income, weighed on earnings.
<iframe src="https://hindustansphere.com/embed/cluster/2ea253f8385d88883971321673ce9b82c533aef3" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Bandhan Bank Q1 profit jumps 35% as provisions decline sharply"></iframe>
