Bandhan Bank Reports Strong Q2 Profit; Margins and CASA Decline
Bandhan Bank reported second-quarter earnings with strong profit growth and improved operating efficiency, while sequential margin compression and a sharp decline in CASA remained concerns.
Shares of Bandhan Bank are in focus on Thursday, October 29, after the company reported decent second quarter earnings, led by strong profit growth and better operating efficiency.However, its sequential margin compression and a sharp decline in current accounts savings account (CASA) remain key mo…