The apex bank also allowed Muthoot Finance to open 115 branches. The MFI relaxation may benefit MFI-heavy banks other than SFBs. It would benefit Bandhan Bank and RBL Bank the most, Nuvama said.
Hong Kong-based brokerage CLSA maintained its 'high conviction outperform' rating on lender private lender Bandhan Bank's shares after its meeting with the management. The brokerage has a target ...
In the previous examples of Bandhan Bank and Federal Bank, where the extensions to CEOs were given for a shorter periods, the stocks had fallen in the run up to the announcements. IIFL Securities ...