💨 Abstract
Bandhan Bank's shares rose about 10% on Friday after the Reserve Bank of India approved the appointment of Partha Pratim Sengupta as its new CEO. Analysts believe this will ensure management stability. Sengupta previously held leadership positions at State Bank of India and Indian Overseas Bank. The National Credit Guarantee Trustee Company also completed an audit of Bandhan Bank's loan claims, with the remaining claims payout at 3.
Courtesy: theprint.in
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