Monday, November 2, 2020

Bandhan Bank prunes Covid-related risk projections with better repayment collection

The bank said it has made additional Covid-related provision of Rs 2100 crore covering 2.8% of its portfolio, and it might not need to top it up substantially going forward if the current repayment trend continues, bank chief executive Chandra Shekhar Ghosh told ET.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/bandhan-bank-prunes-covid-related-risk-projections-with-better-repayment-collection/articleshow/79001659.cms

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