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VERIFIEDET Markets·negative

Bandhan Bank shares crash 10% after Q1 results; lender cuts RoA guidance. Should you buy, sell or hold?

AI Summary
  • ·Bandhan Bank shares fell 10% following the announcement of Q1 earnings.
  • ·The bank lowered its return on assets guidance, citing global economic uncertainties.
  • ·Increased operational costs were attributed to higher staff and technology expenses.
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