Bandhan Bank's collection efficiency improves sharply


Bandhan Bank's collection efficiency improves sharply

The bank's repayment collection from microfinance vertical, which contributes about a third of its loan portfolio, also improved to 86% from 72% over the same period, the bank said in a regulatory filing to stock exchanges.

The six-member MPC kept the repo rate unchanged at 4 per cent and maintained an accommodative policy stance.The RBI also suspended the G-Sec Acquisition Programme (G-SAP) and is proposed to undertake five 14-day variable rate reverse repo (VRRR) auctions on a fortnightly basis between today and December 3, 2021.


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