Page 19 - Bandhan Bank

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

Stake dilution: Bandhan Bank awaits RBI response on deadline extension

Various options that Bandhan Bank was looking at to meet the shareholding norms, are merging the three entities - Bandhan Financial Services (BFSL), Bandhan Financial Holding (BFHL), and Bandhan Bank

Bandhan Bank waiting for RBI guidelines on meeting promoter holding norms

RBI's licensing norms require a bank to bring down promoter holding to 40 % within 3 years of operation - which, for Bandhan Bank, will be by Aug 23

Bandhan Bank hits new high; stock soars nearly 100% against issue price

The stock surged 7% to Rs 742, its highest level since listing on March 27, 2018 on the NSE, rallied 98% against issue price of Rs 375 per share.

Bandhan Bank surges 6% on healthy Q1 results; stock hits new high

Bandhan Bank was up 6% at Rs 596, trading at its highest level since listing on March 27, 2018.

Bandhan Bank surpasses YES Bank market cap; becomes 7th most valued bank

At 01:44 pm; with market capitalisation of Rs 840 billion Bandhan Bank, was stood ahead of YES Bank, which has m-cap of Rs 838 billion, the BSE data shows.

Bandhan's operating metrics justify valuation; Q1 net profit up 48%

Its net interest income (NII) or a difference between interest earned and expensed surged 40 per cent over a year to Rs 10.4 billion

Bandhan Bank hits highest level since listing; up 56% against issue price

Bandhan Bank hit a new high of Rs 585, up 5% on Tuesday, trading at its highest level since listing on March 27, 2018

Change in business mix weighs on Bandhan's interest margin in FY18

Even as the cost of moving to an universal bank is reflecting on its profitability, analysts see strong growth and earnings visibility going ahead

Bandhan Bank enters league of top-50 most valuable company

Bandhan Bank with an m-cap of Rs 640 billion stood at 50th position in overall m-cap ranking on the BSE at 10:37 am, the exchange data shows.

Bandhan Bank outpaces BoB, PNB on debut; stock gains 25% on issue price

The stellar show comes on the back of high demand for the bank's shares during its Rs 45-billion initial public offering (IPO)

Bandhan Bank makes strong debut; ends at 27% premium against issue price

The stock listed at Rs 499, a 33% premium against its issue price of Rs 375 per share on the National Stock Exchange.

Bandhan Bank may ask RBI to relax holding company rule

While representing its case, Bandhan Bank is expected to seek RBI approval for merging the three entities-Bandhan Financial Services, Bandhan Financial Holding and Bandhan Bank

Bandhan Bank to go public, launch record $689 million IPO next week

The Kolkata-based bank and its shareholders will be selling up to 119.3 million shares

Bandhan Bank: A relationship worth trying

Bank offers moat to investors but IPO needs to be rightly priced

Bandhan Bank to offer about 119 mn shares in IPO

IPO will comprise a fresh issue of up to 97.7 million shares while selling shareholders are offering up to 21.6 mn shares

Fee income pushes Bandhan Bank net up 18.2% to Rs 331 cr

Its current accounts-saving accounts deposits rose to 28.18 per cent of total deposits from 16.71 per cent in the year-ago period

Bandhan Bank yet to decide on IPO size required to meet regulatory norms

Bandhan Bank had emerged as among one of the highest among Mudra loan disbursements in West Bengal