Bandhan Bank Ltd., incorporated in the year 2014, is a banking company (having a market cap of Rs 51603.60 Crore).
Financials
For the quarter ended 31-03-2021, the company reported a Standalone Total Income of Rs 3787.91 Crore, down -1.90 % from last quarter Total Income of Rs 3861.12 Crore and up 13.19 % from last year same quarter Total Income of Rs 3346.47 Crore. The bank reported net profit after tax of Rs 103.03 Crore in latest quarter.
Investment Rationale
NIMs to remain stable at ~6.9% Credit cost to stay elevated; slippages to remain high Business growth to remain modest, impacted by lower disbursements.
Promoter/FII Holdings
Promoters held 40 per cent stake in the company as of March 31, 2021, while FIIs held 35 per cent, DIIs 1.8 and public and others 23.2 per cent.
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