Bandhan Bank lowers return on assets projection to 1.2-1.4%, stock price continues to tumble

Bandhan Bank has lowered its FY27 exit return on assets (RoA) guidance to 1.2%-1.4% from 1.6%-1.8%, citing higher technology spending and uncertainty stemming from West Asia-led supply chain disruptions. The revised outlook triggered a sharp fall in the bank's market value.