31 Oct 2025 | 3 Mins Read
Bandhan Bank shares decline on CLSA downgrade and weaker Q2 results
Flipitmoney
Shares of Bandhan Bank Ltd. declined 4% on October 31 after CLSA downgraded its rating to "accumulate" from "buy" and cut its target price to ₹190, from ₹220, citing weak net interest income and high credit costs. The lender's net interest margin has likely bottomed and will recover in 2027, CLSA said.