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Bandhan Bank's FY20 deposits rise 32%; 60% jump in loans and advances
Loans and advances jumped by 60 per cent to Rs 71,825 crore during 2019-20, from Rs 44,776 crore the year before.
Bandhan Bank, Gruh Finance trade firm ahead of record date for amalgamation
The share swap ratio for the amalgamation was fixed at 568 shares of Bandhan Bank for every 1,000 shares of Gruh Finance.
Bandhan Bank, Gruh Finance down up to 4% on denial of merger report
Bandhan Bank dipped 4% to Rs 507, extending its past three days 7% decline, while Gruh Finance was down 2% to Rs 323, after it rallied 10% in the past three trading days on BSE.