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VERIFIEDMint Markets·negative
Bandhan Bank share price slips over 14% on weak margin outlook. Should you buy, sell or hold the stock after Q1 results?
AI Summary
- ·Bandhan Bank reported a steady quarter with credit costs improving to 1.8%.
- ·The bank's management lowered its FY27 exit RoA guidance.
- ·The new FY27 exit RoA guidance is between 1.2% and 1.4%, down from 1.6% to 1.8%.