Poonawalla Fincorp : Transcript of conference call for Q4 result of FY24
POONAWALLA FINCORP LIMITED Q4 FY2023-24 RESULTS CONFERENCE CALL APRIL 29, 2024 MANAGEMENT: MR. ABHAY BHUTADA -...
Source: marketscreener.com
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Q2 Earnings review: The worst performing private bank stock of October has a bad loans hangover
Despite a 244% jump in Q2 net profit, Bandhan Bank emerged as the worst performing private bank stock last month, weighed down by persisting asset quality concerns.
Source: moneycontrol.com
banking sector | Bandhan Bank reports Rs 721 crore net profit, 11.4 per cent rise in net interest income
Gross non-performing assets however stood at 7.3 per cent during the quarter, up from 7.2 per cent in Q2FY23 and 6.8 per cent in Q1FY24. 'We have not done any writeoffs or sale to ARCs during the quarter. This increase is purely the steady state increase,' said Sunil Samdani, the outgoing CFO
Source: telegraphindia.com
Bandhan Bank CCO Sudheer Reddy Govula resigns
Amitava Goswami, who currently heads branch banking and customer service operations at the bank, will be their new CCO, the bank has said.
Source: moneycontrol.com
bandhan bank: India's inflation during Q1 suggests limited risk of a further rate hike, says Bandhan Bank MD
Bandhan Bank's MD, Chandra Shekhar Ghosh, has said India is unlikely to hike interest rates due to the limited risks of a further ATM hike revealed by India's first quarter inflation numbers. The bank has suffered since its IPO last year as it has underperformed compared to its peers due to issues such as lower-than-average growth and asset quality. Shares in Bandhan Bank slumped by almost 7% at the end of last week following the resignation of CFO Sunil Samdani.
Source: indiatimes.com