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Asia

Bandhan Bank Q1 profit jumps 35% as provisions decline sharply

Markets-Economic Times · 4h ago · 🇮🇳 India

Bandhan Bank Q1 profit jumps 35% as provisions decline sharply

Bandhan Bank reported a 35% rise in Q1 net profit to Rs 502 crore, driven by lower provisions despite weaker operating profit. Gross NPAs improved, advances grew 16%, while higher staff and technology costs, along with lower treasury income, weighed on earnings.

Read the full story at Markets-Economic Times →

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