Home / Business / Market / Markets-Economic Times / Bandhan Bank faces deep cuts in price targets, earnings estimates due to Covid risks

Bandhan Bank faces deep cuts in price targets, earnings estimates due to Covid risks

May 13, 2021 Business, Market, Markets-Economic Times

Elara Capital said while Bandhan’s liability franchise and pre-provision operating profit are robust, it expects short-term challenges in Assam and West Bengal, the two markets that account for 55 per cent of MFI loans, to put pressure on the stock’s valuations.

from Markets-Economic Times https://ift.tt/3hsKg8h
via IFTTT https://ift.tt/3bp05J7

No comments

Subscribe to: Post Comments ( Atom )