Page 19 - Bandhan Bank

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

Bandhan appoints five merchant bankers for IPO

Bandhan Bank had posted Rs 1,111.95 crore in net profit for the FY18

Bandhan Bank appoints Goldman Sachs, JP Morgan as lead managers for IPO

As per RBI guidelines, banks have to list their businesses within three years of operation

Farm loan waivers contribute to Bandhan Bank's rising NPA

Already facing a steep rise in the gross non-performing assets (NPA) during the first quarter of the current fiscal year at 0.82 per cent, Kolkata based Bandhan Bank is headed towards a further rise in NPA owing to the political showdown in Darjeeling.Its loan disbursement in the Darjeeling-Sikkim belt, which is mainly micro credit, is to the tune of Rs.20-25 crore. Owing to the ongoing shutdown in the area, the bank's collection agents from 10-11 collection centres are unable to collect repayments from the borrowers in the hills of northern West Bengal."Till now, the loans from Darjeeling, hasn't turned out to be NPA, but is expected to become soon", the bank's managing director and CEO, Chandra Shekhar Ghosh said."Since the situation is tense there, I am not able to ask my staff to go there in case any incident happens. I can't put their life is put in danger", he added.The tea and tourism sector, as a result of the ongoing political tension there, is estimated to have undergone ...