After being under pressure recently, shares of Bandhan Bank (Bandhan) have seen some recovery this week, following the management's optimistic views on growth after restrictions over branch expansion by the Reserve Bank of India (RBI). Good results for September quarter (Q2) have added to gains, with the stock surging 6 per cent on Wednesday.
Analysts, thus, now believe Bandhan’s short-term growth may not get impacted much due to restrictions on branch expansion, given the bank's ability to add customers. If Bandhan does live up to expectations, its investors too will ...
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