Bandhan Bank

Thursday, Apr 18, 2024 | Last Update : 02:11 PM IST

Bandhan Bank expects recovery of loans extended to micro-credit customers from second quarter of FY21

CEO Chandrashekhar Ghosh said customers in that sector are not facing problems in their businesses as they deal with local supply chain

14 May 2020 1:28 PM

Net interest margin (NIM) of the bank in the current quarter stood at 10.69 per cent against 9.32 per cent in the corresponding period of the previous year. (Photo: File)

Bandhan Bank Q4 net rises 67 pc at Rs 650.87 crore

Net profit for the whole financial year 2018-19 increased 45 per cent y-o-y at Rs 1951.50 crore.

02 May 2019 4:46 PM

The Gruh Finance deal will reduce stake of Bandhan Financial Holdings Ltd in Bandhan Bank to about 61 per cent from the current 82 per cent.

RBI approves proposal of HDFC for holding 9.9 pc stake in Bandhan Bank

The share swap ratio for the merger will be 568 shares of Bandhan Bank for every 1,000 shares of Gruh Finance.

24 Apr 2019 8:47 AM

Bandhan Bank MD and CEO Chandra Shekhar Ghosh.

Bandhan Bank to give a big push to affordable housing

Bandhan Bank deposits touched Rs 34,639 crore and loan book at Rs 35,599 crore.

28 Mar 2019 1:40 PM

"HDFC is not going to get any board berth and controlling premium in the deal," a top Bandhan Bank source said. (Photo: Bandhan Bank website)

Bandhan Bank's proposed 14.9 pc stake to HDFC will test RBI 2016 guidelines

Gruh Finance, the affordable housing finance arm of HDFC, was taken over in January by Kolkata based Bandhan Bank in a share swap deal.

13 Mar 2019 1:46 PM

Total income of the lender also increased to Rs 1,883.65 crore during the October-December 2018 as against Rs 1,336.42 crore.

Bandhan Bank Q3 net profit rises 10 pc to Rs 331 crore

Net NPAs of the bank declined to 0.80 per cent in the quarter from 0.70 per cent of the net advances.

10 Jan 2019 2:50 PM

Bandhan Bank's gross non-performing assets (NPA) stood at 1.29 per cent in the second quarter of this fiscal.

Bandhan Bank Q2 net jumps 47.28 per cent to Rs 487.65 cr

Shares of Bandhan Bank were trading 4.16 per cent higher at Rs 505.05 apiece on BSE.

10 Oct 2018 3:39 PM

Shares of the Kolkata-based bank fell as much as 20 per cent to 452.20 rupees, with more than 3.7 million shares changing hands.

Bandhan Bank plunges to all-time low after RBI directive

RBI clamped down on the Indian lender for failing to bring down its main shareholder’s stake to below 40 per cent.

01 Oct 2018 11:21 AM

Shares in Bandhan closed down 0.9 per cent on Friday.

RBI clamps down on Bandhan Bank over owner's stake

Bandhan Bank is taking necessary steps to comply with licensing condition to bring down its main shareholder's stake to 40 pc.

29 Sep 2018 11:00 AM

RBI bars Bandhan Bank’s expansion

Bandhan Bank, which started as a micro finance lender in 2001 received license from RBI to set up universal bank in April 2014.

29 Sep 2018 12:30 AM

The bank has a total of 937 branches, which is likely to go up to 1,000 by the end of this fiscal.

Bandhan Bank Q1 net rises 47.5 per cent to Rs 482 crore

Bandhan bank's total deposits stood at Rs 30,703 crore as on June 30, 2018.

18 Jul 2018 3:54 PM

The net interest income (NII) for the quarter grew by 25.2 per cent to Rs 863 crore as against Rs 689 crore in the same quarter year earlier.

Bandhan Bank posts 20 per cent rise in Q4 profit at Rs 388 crore

Bank had registered a net profit of Rs 322 crore in the January-March quarter of 2016-17 fiscal.

27 Apr 2018 2:10 PM

The Rs 4,473-crore initial public offer of Bandhan Bank was subscribed 14.62 times during March 15-19.

Bandhan Bank shares soar 33 per cent on market debut

The stock listed at Rs 485, a sharp gain of 29.33 per cent from the issue price on BSE.

27 Mar 2018 11:41 AM

Kolkata-based Bandhan Bank on Wednesday raised Rs 1,342 crore from anchor investors.

Bandhan Bank IPO subscribed 1.49 times so far on Day 3

The IPO, to raise Rs 4,473 crore, received 12,45,42,960 shares of bids against the total issue size of 8,34,96,347 shares.

19 Mar 2018 1:27 PM

For the nine months to end-December 2017, it reported a net profit of 9.6 billion rupees and about 11 billion rupees in the full year to March 2017.

Bandhan Bank to launch up to USD 689 million IPO next week

In the IPO, Bandhan bank will sell up to 97.7 million new shares.

08 Mar 2018 1:21 PM

The equity shares are proposed to be listed on the BSE and NSE.

Bandhan Bank to offer 11.9 crore shares in IPO

IPO will consist of a fresh issue of up to 97,663,910 equity shares and an Offer for Sale of up to 14,050,780 equity shares by IFC.

01 Jan 2018 2:22 PM

Current account and savings account of the bank was 28.18 per cent of total deposits in the September-ended quarter.

Bandhan Bank Q2 net profit rises 18.2 pc to Rs 331 cr

Net interest income of the lender for the reporting quarter was at Rs 694 crore as against Rs 596 crore.

28 Oct 2017 6:40 PM

Bandhan Bank would decide on the size of the proposed IPO which it was required to make to meet the regulatory norms. Photo: Bandhan Bank website.

Bandhan Bank to decide on IPO size later: CEO

Bandhan Bank, which started operations in August 2016, was asked by RBI to come out with the IPO in three years from then.

10 Oct 2017 4:05 PM

Bandhan Bank plans to open another 60 branches over the next six months, said MD and CEO Chandra Shekhar Ghosh. Photo: Bandhan Bank website.

Bandhan Bank plans to expand, add 60 branches in 6 months

As a result of this, MD and CEO Chandra Shekhar Ghosh said, the bank would also add 2,000 people to the workforce.

02 Oct 2017 12:55 PM

Reserve Bank of India's guidelines mandated the bank to get itself listed within three years from the commencement of banking operations.

Bandhan Bank IPO to hit markets next fiscal

The bank's capital adequacy ratio stood at 26 per cent as on June 30.

21 Sep 2017 4:10 PM

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Syed Ata Hasnain