Bandhan Bank to gradually pare micro credit exposure: Ghosh
"Though there is a slowdown due to multiple factors, the impact on the credit growth of Bandhan Bank will not be very much. Due to good rabi crop, spending by low-middle income consumers will be at a good level," Ghosh said.
Bandhan Bank Ltd will gradually Lower exposure to microcredit in percentage terms over the next three to five years, its MD and CEO Chandra Sekhar Ghosh said on Thursday, Photo: Reuters