The government is planning to double the amount of the first tranche to ₹20,000, according to people aware of the matter. The housing and urban affairs ministry is holding discussions with banks involved in disbursing loans on how to shape the three tranches and the amounts to be loaned.
Bandhan Bank Q2 profit jumps 5.6 times as asset quality improves
Bandhan Bank reported a five-fold rise in Q2 profit to Rs 622 crore, supported by lower provisions and improving asset quality. Net interest income grew