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