VERIFIEDET Finance·23 Jul 2026negative

Bandhan Bank lowers return on assets projection to 1.2-1.4%, stock price continues to tumble

AI Summary

·Bandhan Bank revised its FY27 exit return on assets guidance downwards to 1.2%-1.4%.
·The previous guidance for FY27 exit return on assets was 1.6%-1.8%.
·The bank cited increased technology spending and supply chain disruptions as reasons for the revision.