Bandhan snaps up HDFC arm Gruh Finance in an all-stock deal
The boards of the both the lenders fixed a share exchange ratio at 568 equity shares of Bandhan Bank with face value of Rs 10 for 1,000 shares of Gruh Finance which has a face value of Rs 2 each.
Jan 08, 2019, 09:51 AM IST
Bandhan Bank Q1 net Rs 482 crore, to focus on micro-credit, retail
The Kolkata-headquartered bank reported a 47.5-percent rise in its net profit for the first quarter ended June to Rs 482 crore, as against a bottomline of Rs 327 crore a year ago.
Jul 19, 2018, 15:22 PM IST
Bandhan Bank appoints Ex-RBI Deputy Governor H R Khan as chairman
The appointment is subject to approval by the RBI and the shareholders in the ensuing annual general meeting of the Bank.
Jun 06, 2018, 12:41 PM IST
Bandhan Bank net up 20.3% despite microfinance NPA trebles
For the entire fiscal year 2018, the Kolkata-based bank, which went public last month, reported a 21 percent growth in bottomline at Rs 1,346 crore.
Apr 27, 2018, 16:09 PM IST
Bandhan Bank becomes 8th most valued bank on stellar debut
On NSE, shares of the company zoomed 27.16 percent to settle at Rs 476.85.
Mar 28, 2018, 09:14 AM IST
Bandhan Bank soars 33% in trading debut on NSE
The IPO of Bandhan Bank was oversubscribed 14.56 times, eliciting good response from QIP and HNI investors.
Mar 27, 2018, 10:24 AM IST
Bandhan Bank IPO subscribed 88% on Day 2 of bidding
The portion set aside for qualified institutional buyers (QIBs) was subscribed 2.33 times, non institutional investors 24 percent and retail investors 33 percent.
Mar 16, 2018, 21:03 PM IST
Bandhan Bank IPO subscribed 42% on opening day
Of the total size, the lender allocated over 3.57 crore equity shares at a price of Rs 375 a piece aggregating to Rs 1,341.91 crore to 65 anchor investors.
Mar 15, 2018, 23:49 PM IST
Bandhan Bank's IPO opens today: Here's what you should know before you subscribe
The price band of the issue is Rs 370-375 per equity share with face value of Rs 10 each.
Mar 15, 2018, 14:15 PM IST
Bandhan Bank looks to add 60 more branches in 6 months
The Reserve Bank of India's guidelines mandated the bank to get itself listed within three years from the commencement of banking operations.
Oct 02, 2017, 12:47 PM IST
Bandhan Bank focuses on gold loan, initiates listing process
In a bid to strengthen the retail loans portfolio, the private lender Bandhan Bank is focusing on gold loans along with affordable housing segment, a top official said on Thursday.
Aug 24, 2017, 11:11 AM IST
Bandhan Bank reports Rs 1,111 crore net profit for FY17
Private sector lender Bandhan Bank on Thursday reported a net profit of Rs 1,111 crore for fiscal 2017 and announced that the small business segment will be its area of focus in the coming times.
Apr 27, 2017, 16:30 PM IST
Bandhan Bank slashes micro lending rate to 19.9%
The Bandhan Bank on Monday further eased the micro lending rate rate by 60 basis points to bring interest rate down to 19.9 percent with immediate effect.
Jul 18, 2016, 15:32 PM IST
Bandhan Bank racks up Rs 275 crore net profit
Bandhan Bank, which started banking operations from August 2015, registered a net profit of Rs 275 crore during September 2015 and March 2016.
May 16, 2016, 16:23 PM IST
Bandhan sells Rs 500 crore loans from priority sector portfolio
Microlender-turned-universal bank Bandhan on Wednesday said it has sold Rs 500 crore of its loans qualifying as priority sector lending (PSL) to different banks wanting to meet the mandatory 40 percent target.
Dec 30, 2015, 19:58 PM IST
RBI includes Bandhan Bank in second schedule list
Reserve Bank on Thursday said that newly launched Bandhan Bank has been included in the second schedule list, making it eligible for loans from the central bank at bank rate.
Nov 05, 2015, 22:26 PM IST
Bandhan Bank deposit base crosses Rs 1,500 crore
Private sector lender Bandhan Bank, which started operations as a full-fledged bank from August this year, has garnered a deposit base of Rs 1,500 crore till date.
Oct 12, 2015, 19:44 PM IST
Bandhan Bank to add 105 branches in next 5 months
The bank, which started operations on August 23, has 523 branches at present.
Oct 08, 2015, 20:20 PM IST
Bandhan Bank adds 5 lakh new customers in 1 month
Within a month of launching operations, Bandhan Bank has added five lakh new customers as savings account holders.
Sep 18, 2015, 18:21 PM IST
Bandhan Bank joins Indian banking league with 501 branches
Bandhan Bank Sunday began operations as a full-fledged bank with 501 branches and 1.43 crore accounts across the country, becoming the newest member of the estimated USD two-trillion Indian banking industry.
Aug 23, 2015, 21:12 PM IST
