India Financials

Saumya Agarwal

Equity Bottom-Up

Bandhan Bank, one of the youngest Banks in India, has been bucking the trend by driving growth in the so-called ‘un-bankable’ and 'riskier' segment of the population. It is also doing so in a manner, which is much more profitable and prudent than those demonstrated by the incumbent Banks.
We believe that Bandhan Bank with its focus on the resilient rural economy will stage a strong comeback, as the economy recovers. The current attractive valuations only reinforce our conviction.

Bandhan Bank, one of the youngest Banks in India, has been bucking the trend by driving growth in the so-called ‘un-bankable’ and 'riskier' segment of the population. It is also doing so in a manner, which is much more profitable and prudent than those demonstrated by the incumbent Banks.
We believe that Bandhan Bank with its focus on the resilient rural economy will stage a strong comeback, as the economy recovers. The current attractive valuations only reinforce our conviction.

2021 High Conviction: Bandhan Bank -Strong Rural Growth and Discounted Valuation Warrant a Re-Rating

Bandhan Bank Ltd

2021 High Conviction: Bandhan Bank -Strong Rural Growth and Discounted Valuation Warrant a Re-Rating