Calling Bandhan Bank a play on the MFI recovery cycle with a gradual migration to secured loans, CLSA cited the new management’s intention to increase the share of secured loans to 55% to 60% from the current level of 50%.
Calling Bandhan Bank a play on the MFI recovery cycle with a gradual migration to secured loans, CLSA cited the new management’s intention to increase the share of secured loans to 55% to 60% from the current level of 50%.