Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Jan 19, 2023

Bandhan Bank - Transformation Towards A More Predictable Model: Anand Rathi Initiates Coverage

Bandhan Bank - Transformation Towards A More Predictable Model: Anand Rathi Initiates Coverage
A branch of Bandhan Bank Ltd. in the Prabhadevi area of Mumbai, India. (Source: BQ Prime)

BQ Prime's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy. 

Anand Rathi Research Report

Diversification across products and regions are strategic priorities of Bandhan Bank Ltd. This would transform its business model to be more scalable and sustainable. For this, the bank reinforced its top management, hiring professionals from various private banks.

A combination of deepening product penetration and branch penetration across states would drive a 21% loan compound annual growth rate over FY23-25.

With asset quality issues likely to be peaked out in H2 FY23 earnings are expected to normalise thereafter. We believe, on a sustainable basis, Bandhan Bank would deliver 2.5% plus return on asset and 25% return on equity.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search