Bandhan Bank, incorporated in the year 2014, is a banking company (having a market cap of Rs 37975.37 Crore).
Bandhan Bank key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2022.
Financials
Investment Rationale
With asset quality issues likely to be peaked out in H2FY23, earnings are expected to normalize
thereafter. The brokerage believes, on a sustainable basis, Bandhan Bank would deliver 2.5%+ RoA and 25% RoE. Anand Rathi initiates coverage on Bandhan Bank with a BUY rating and a target of Rs327, valuing the bank at 1.9x FY25e ABV.
Promoter/FII Holdings
Promoters held 39.99 per cent stake in the company as of December 31,2022, while FIIs owned 0 per cent and DIIs 12.46 per cent.
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