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Bandhan Bank Shares Drop Over 15% as Return-on-Assets Outlook Cut

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Mumbai, July 22 (IANS) Bandhan Bank shares plunged more than 15 per cent on Wednesday after the lender trimmed its return‑on‑assets (RoA) outlook, despite reporting a stronger‑than‑expected quarterly profit.The Kolkata‑based bank said it now expects RoA to average 1.2–1.4 per cent by the end of FY27, down 40 basis points from its earlier expectation of 1.6–1.8 per cent.The bank expects a dip in RoA due to narrower net interest margins and higher operating expenses.Bandhan Bank shar…