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Q1 Results: Bandhan Bank Profit Boosted By Lower Provisions, Strong Deposit Growth

Bandhan Bank has fully provided for its exposure in IL&FS, says CEO Chandra Shekhar Ghosh after the bank’s June quarter results.

Divya Grover
Bandhan Bank’s strong deposit growth can be attributed to the bank’s strong presence in the rural and semi-urban areas, says CEO Chandra Shekhar Ghosh. (Photographer: Anirudh Saligrama/BloombergQuint)

Bandhan Bank Ltd.’s quarterly profit beat analysts’ expectations, led by lower provisions and strong deposit growth.

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IndiGo Aircraft Suffers Tail Strike While Landing At Mumbai Airport

  • chevron-double-right IndiGo Airbus A321 suffered a tail strike during a go-around in Mumbai due to bad weather
  • chevron-double-right Flight 6E 1060 departed Bangkok late and landed safely in Mumbai after the tail strike incident
  • chevron-double-right DGCA has ordered a probe into the tail strike incident involving the IndiGo aircraft
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