Bandhan Bank Braces for Rs 200 Crore Hit as Insurance Commission Rules Tighten
Bandhan Bank expects a roughly Rs 200 crore impact on income if proposed cuts to insurance commissions are implemented, according to managing director Partha Pratim Sengupta. The lender is preparing to adjust its business mix, with a sharper push into mutual fund distribution, while its limited exposure to drought-hit pockets in Karnataka and Maharashtra offers some protection against broader asset-quality stress.
