"The On-Time Recovery (OTR) in Assam has already improved to 94 percent from a low of 78 percent. The bank claims it had limited impact on asset quality from such events in past but remains vigilant and has prudently provided Rs 200 crore versus outstanding 30DPD+ portfolio of Rs 230 crore in Assam," Emkay said. … [Read more...] about Bandhan Bank Q3 earnings miss expectations; should you buy, sell or hold?
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Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Experts track economy-related sectors ahead of Budget; 15 stocks to focus on
IndusInd Bank: Bank registered a 32 percent growth in Q3FY20 profit and 34.3 percent growth in net interest income compared to the same quarter last year. Asset quality was also stable with gross non-performing assets (NPA) in Q3 falling 1bps to 2.18 percent and net NPA declining 7bps to 1.05 percent QoQ. … [Read more...] about Stocks in the news: RIL, HDFC Bank, TCS, Lupin, PNC Infra, HCL Tech, IndusInd Bank, SMS Pharma