Bandhan Bank in talks to raise $250-million debt from IFC

The Kolkata-based lender is now targeting to grow home loan business along with other retail loans while reducing the share of micro loans, which has been a major stress point for it since Covid-19. The bank had a stress pool of Rs 7,500 crore, largely from the microfinance portfolio built through the joint liability group-based lending model.

from Stocks-Markets-Economic Times https://ift.tt/qUoi20N