Bandhan Bank Q3 results: Profit rebounds as bad loans ease — the numbers markets will read
Bandhan Bank posted a December-quarter net profit of 2.06 billion rupees, marking an 84% jump from the prior quarter but falling 52% compared to the same period last year. The bank’s asset quality showed signs of improvement alongside loan growth. Shares gained 3.3% on Thursday. These figures are crucial as Bandhan works to stabilize earnings following a sluggish September quarter, where profit dropped to 112 crore rupees and margins narrowed. Investors are closely tracking if the bank’s shift toward secured lending is beginning to impact credit metrics.