Chandra Shekhar Ghosh explains Bandhan Bank’s extra provisioning, opex issues and sees credit cost @1.5-1.8% next FY

Chandra Shekhar Ghosh, MD & CEO of Bandhan Bank, discusses the bank’s expansion with 300 new branches and recruitment of 2,000 people. He covers topics such as slippage reduction, DPD improvement, collection efficiency, provisioning reasons, net profit dip, operating expenses, credit guarantee fund, net interest margins, asset quality, deposit rate impact, portfolio quality, and credit cost guidance. Chandra Shekhar Ghosh, MD & CEO of Bandhan Bank, discusses the bank’s expansion with 300 new branches and recruitment of 2,000 people. He covers topics such as slippage reduction, DPD improvement, collection efficiency, provisioning reasons, net profit dip, operating expenses, credit guarantee fund, net interest margins, asset quality, deposit rate impact, portfolio quality, and credit cost guidance.  Economic Times