Bandhan Bank lowers return on assets projection to 1.2-1.4%, stock price continues to tumble

Bandhan Bank has lowered its FY27 exit return on assets (RoA) guidance to 1.2%-1.4% from 1.6%-1.8%, citing higher technology spending and uncertainty stemming from West Asia-led supply chain disruptions. The revised outlook triggered a sharp fall in the bank's market value.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/f1AN8k4
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