JM Financial has buy call on Bandhan Bank Ltd. with a target price of Rs 260.0. The current market price of Bandhan Bank Ltd. is Rs 180.9 . Bandhan Bank Ltd., incorporated in the year 2014, is a banking company (having a market cap of Rs 29197.70 Crore). Bandhan Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2022. Investment RationaleBandhan is gradually reducing share of unsecured loans in the overall mix (44.5% secured and 55.5% unsecured currently) and will continue to pursue the strategy to reduce unsecured loans further…
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