Agrani Bank's financial condition

Agrani Bank’s health deteriorated fast in last five years

Once a reputable state-run commercial lender, Agrani Bank saw its financial health deteriorate fast over the past five years, mainly due to massive lending to politically backed businesses, mismanagement by the board and fallouts of Covid-19.

December 27, 2024
December 27, 2024

Agrani Bank’s health deteriorated fast in last five years

Once a reputable state-run commercial lender, Agrani Bank saw its financial health deteriorate fast over the past five years, mainly due to massive lending to politically backed businesses, mismanagement by the board and fallouts of Covid-19.