India's Bandhan Bank down after Q4 loan growth moderates

Bandhan Bank

04/04/2025 11:03

** Shares of Bandhan Bank BANH.NS fall as much as 3.3% to 151.51 rupees

** Private lender on Thursday said its Q4 loans and advances grew 10.6% Y/Y

** Collection efficiency for emerging entrepreneur business (EEB) loans stood at 97.7%, co said

** Brokerage Jefferies says BANH Q4 loan growth tad slower vs 15% in Q3

** EEB collection stable but below normalised levels of 98-99% reflecting stress in sector - Jefferies

** Share price below 100-day and 200-day exponential moving averages

** Avg rating of 26 analysts equivalent of "buy", median PT is 170 rupees - data compiled by LSEG

** Stock down 3.8% YTD

(Reporting by Ashish Chandra in Bengaluru)

((ashish.chandra@thomsonreuters.com (+91 7982114624))