NII is the difference between interest earned and interest paid by the bank. Net interest margin (NIM) also rose to 10.3 per cent from 9.6 per cent at the end of June. The bank’s provisions rose 43 per cent y-o-y to Rs 124 crore.
Bandhan Bank has set a final price band of Rs 370 to Rs 375 per share for its initial public offer (IPO). The Kolkata-based lender plans to sell up to 11.9 crore shares, and when calculated at the upper price of the band, the offer could garner Rs 4,473 crore. Bandhan Bank’s IPO will be […]