Bandhan Bank prunes Covid-related risk projections with better repayment collection

The bank said it has made additional Covid-related provision of Rs 2100 crore covering 2.8% of its portfolio, and it might not need to top it up substantially going forward if the current repayment trend continues, bank chief executive Chandra Shekhar Ghosh told ET.

from Banking/Finance-Industry-Economic Times https://ift.tt/3mCyHKW