Bandhan Bank faces asset quality test with sharp fall in repayment collection

Collection efficiency on microfinance loans nosedived to 72% from 95% over the same period while it is 96% for other loans compared with 98% earlier. Microfinance contributed about 60% of Bandhan's total loan book of Rs 80128 crore. This is expected to put pressure on the bank's credit cost and earnings.

from Banking/Finance-Industry-Economic Times https://ift.tt/2VH82nX