In today’s briefing:
- India Channel Insight #40 | Assam Floods and Impact on Financials
India Channel Insight #40 | Assam Floods and Impact on Financials
- Our channels in Assam indicate a high impact of floods this year on the overall state economy. Normalcy is expected to take 4-5 months in order to be restored.
- Despite the high impact, Bandhan Bank Ltd (BANDHAN IN) may not see an increase in NPAs.
- New recovery tools, changing regulations and customer mindsets are aiding faster than anticipated recovery even for older loans.
Before it’s here, it’s on Smartkarma
