Bandhan Bank share up 10.3% on P.P. Sengupta's appointment as MD & CEO
Sengupta has four decades of experience in banking. He previously worked as deputy MD and chief credit officer at SBI and MD & CEO of Indian Overseas Bank
Sengupta has four decades of experience in banking. He previously worked as deputy MD and chief credit officer at SBI and MD & CEO of Indian Overseas Bank
The private lender has received a ₹801 crore binding bid from an ARC for the written-off portfolio with an outstanding of ₹8,897 crore.
Bandhan Bank made ₹1,280 crore provisions in the September quarter, which was nearly double of the previous quarter but down 77.2% YoY.