Page 18 - Bandhan Bank

Bandhan Bank to buy mortgage provider Gruh Finance in share-swap deal

Shareholders of Gruh Finance will get 568 shares of Bandhan Bank for every 1,000 shares held.

Bandhan Bank, Gruh Finance decline on media reports suggesting their merger

Bandhan Bank has dipped 5 per cent to Rs 504, falling 7 per cent from its opening level on the BSE, while Gruh Finance slipped 4 per cent to Rs 307, declining 7 per cent from intra-day high level.

Bandhan Bank surges 19% in four days after RBI nod for opening new branches

The stock was trading higher for the fourth straight day, up 4% at Rs 556 on the BSE.

Bandhan Bank opens 5 new branches after RBI nod, plans 40 more by month end

With the 40 new ones, the count would be 978 by end-December. With Wednesday's development, it was 943

MFI sector may be hit over liquidity issues: Bandhan Bank CEO CS Ghosh

Ghosh also suggested that microfinance institutions (MFIs) should be cautious in expansion in the present market scenario

Its own business model, not RBI curb, caps Bandhan Bank's growth prospects

In the days ahead, the biggest challenge for Bandhan will be to find the right way to dilute promoter share

Bandhan Bank, Hindustan Aeronautics, Infibeam Avenues hit new lows

Shares of H G Infra Engineering, Indostar Capital Finance, Mas Financial Services, and Bharat Dynamics have hit their respective lowest level since listing.

Sebi exempts Bandhan Bank from 1-year lock-in period on promoter shares

Bandhan Bank's capital adequacy ratio is in excess of 30%, one of the highest in the industry

Bandhan Bank gets Sebi exemption from 1-year lock-in on promoters' shares

The Reserve Bank of India had earlier barred the lender from opening new branches

Customer additions to support Bandhan Bank's near-term growth; stock up 6%

Net interest income in Q2 surged 55%; profit jumped 47%

Bandhan Bank Q2 net up 47% to Rs 4.8 bn; net interest income rises 55.6%

Says will submit a strategic plan to RBI to pare stake

Bandhan Bank Q2 profit jumps 47% to Rs 4.9 billion; NPA up marginally

Net profit rose to Rs 4.88 billion for the quarter ended Sept. 30, from Rs 3.31 billion a year

Bandhan Bank gains over 7% post Q2 results

The stock moved higher by 7.5% to Rs 521 on the BSE in intra-day trade after the bank reported 47% year on year jumped in net profit at Rs 4.88 billion in Q2FY19.

Uncertain outlook for investors of Bandhan Bank; stock falls 20%

Stock likely to remain under pressure until promoters take steps to reduce stake

Bandhan Bank: RBI's rap on knuckles brings new worries for investors

Even if financials aren't destabilised in the near-term, the stock may remain under pressure until promoters firm up on stake reduction

Bandhan Bank tanks 20% as RBI bars it from opening new branches

The stock locked in lower circuit of 20% at Rs 451, its lowest level since its listing on March 27, 2018, on the BSE.

After RBI notice, Bandhan Bank lists options to cut promoters' shareholding

On Friday, RBI withdrew the "general" permission given to Bandhan Bank to open branches and froze the remuneration of its MD and CEO for not reducing its promoter's stake

RBI cracks whip on Bandhan Bank for violating shareholding norms

Bank needs RBI approval to open branches; MD's salary frozen

RBI cancels Bandhan Bank's permission for new branches, freezes chief's pay

The action was taken because of the bank's failure to bring down the non-operative financial holding company's shareholding to 40 per cent

Bandhan Bank: Balance sheet must strengthen, without relying on MFI biz

Holistic balance sheet growth remains key task despite accelerated journey in bourses