31 Oct 2025 | 3 Mins Read
ICICI Securities keeps Bandhan Bank target at Rs 175
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Bandhan Bank reported weaker numbers, with PAT at INR 1.1bn (0.2% RoA), and NIM dipping 55bps due to yield compression. Elevated credit costs and muted treasury gains led to a downgrade to HOLD from ADD. Target price reduced to INR 175 from INR 205, citing uncertainty on portfolio performance and weak ECL transition positioning.