Bandhan Bank Shares Extend Gains On Strong Q1 Earnings

INSUBCONTINENT EXCLUSIVE:
Bandhan Bank has a network of 937 branches and 475 ATMs Bandhan Bank shares jumped more than 5 per
cent on Thursday, extending recent gains to a third straight session
Advances in Bandhan Bank share price were amid high volumes
Bandhan Bank had during market hours on Wednesday reported earnings for the April-June period
Kolkata-based Bandhan Bank posted a 47 per cent increase in net profit at Rs 482 crore ($70.32 million) for the quarter ended June 30, as
against Rs 327 crore a year ago
Analysts say that Bandhan Bank's strong performance in Q1 helped by higher interest income gave a further boost to the lender's shares