BANDHANBNK

Bandhan Bank plans to expand secured assets and enhance technology and audit systems by FY27. A recent partnership with Salesforce will introduce a faster loan origination system across 1,700 branches next quarter. Further, the bank's management aims for a RoA (return on assets) of 1.8-2 percent by FY27, which is more optimistic compared to CLSA's projection of 1.5 percent. In February, CLSA upgraded the Bandhan Bank to a 'high-conviction outperform', largely backed by the lender's outperformance over peers in the current MFI (Micro Finance Institution) cycle. The MFI sector has been grappling with persistent challenges and obstacles over the past five-six months, resulting in a substantial deterioration in asset quality.