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Bandhan Bank: Flying High Or Too Close To The Sun?
Bandhan Bank outperformed despite slowing credit growth and concerns in Assam and West Bengal. Some analysts are asking how.
20 Apr 2021, 08:36 AM IST
Bandhan Bank Ltd., a two-decade-old micro-lender that turned into a commercial bank a little over five years ago, has been a consistent out-performer compared to the industry it operates in. So much so, that a small minority of analysts are now questioning whether its performance is too good to be true, even as many others remain positive on the bank and its stock.Over March and April, Macquarie Research questioned whether top-up loa...
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