Bandhan Bank shares fall 14% as lender sees NIM declining slightly over next two quarters

Bandhan Bank shares fell 14% after the lender projected a slight decline in net interest margin (NIM) over the next two quarters.

The bank expects its return on assets (ROA) to average 1.2-1.4% by the end of FY27, which is 40 bps lower than its earlier target of 1.6-1.8%.

Shares hit a 10% lower circuit following the NIM guidance.