Page 3 - Bandhan Bank

Bandhan Bank share price rises 3% after Q2 total deposits jump 27% YoY

The uptick in Bandhan Bank share price came after the company announced a strong set of business updates in the September quarter of financial year 2025 (Q2FY25).

Bandhan Bank shares dive 4% after ICRA downgrades credit rating to 'AA-'

Shares of Bandhan Bank dipped as much as 3.55 per cent at Rs 188.45 a piece intraday on BSE

Navratri 2024: How are FII, DII, retail investors positioned in the market?

Derivatives market update for Oct 03: Dhupesh Dhameja of SAMCO Securities sees max pain for Nifty at 25,750 and Bank Nifty at 52,900 based on the existing options data.

Nifty, Bank Nifty PCR turns bearish; Longs added in MidCap; Shorts in RIL

Derivatives market update Oct 01: FIIs continue to hold more than 4 long positions in index futures for every short bet. Proprietary trades hold 5 shorts for every bullish bet in index futures.

Bandhan Bank's new service allows GST payment through online, offline modes

Bandhan Bank on Monday announced the launch of a new service that allows its customers and non-customers to pay Goods and Services Tax (GST) through online and offline modes. "The initiation of GST revenue collections marks another significant milestone in our efforts to bring government services closer to our customers," said Rajinder Babbar, Executive Director & Chief Business Officer. The Kolkata-based private lender has also been authorised by the West Bengal government to collect taxes and non-tax receipts since February. This mandate allows the bank to collect revenue through the Government Receipt Portal System (GRIPS). Bandhan Bank currently has over 6,300 banking outlets across India.

F&O Cues: Premium jumps in Nifty, Bank Nifty futures; options flag caution

Derivatives market update for Sept 06: The Nifty PCR dipped from 0.74, while Bank Nifty to 0.78; reflecting a cautionary trend said Dhupesh Dhameja of SAMCO Securities. Max Financial see short buildup

F&O Cues: Options data hint more gains for Nifty; 4 stocks see long buildup

Derivative market update for Monday, Sept 02: FIIs long-short ratio in index futures rose to 2.6:1, implying 5 longs for every 2 shorts. Bandhan Bank, Syngene and Granules India see long buildup.

Bandhan Bank launches 'Avni' savings account for women: Features & benefits

Avni offers a 25 per cent discount on locker rentals and a 50 per cent discount on gold loan processing fees

Bandhan Bank announces launch of exclusive savings account for women 'Avni'

The launch comes on the back of the Reserve Bank of India governor Shaktikanta Das asking banks to offer innovative products and service offerings

Bandhan Bank to make tailored products for women to raise customer base

Private lender Bandhan Bank on Thursday said it plans to raise the customer base of women by launching products specifically tailored for them. The bank launched a women-specific debit card in collaboration with Mastercard with facilities like accident insurance cover and discounts on locker rentals among others. The bank also launched a loyalty programme, 'Bandhan Delights', where customers across the bank can earn reward points. Managing Director and CEO (interim) of Bandhan Bank Ratan Kumar Kesh said that women had always played an important part in the journey of the lender which started as micro-finance institution (MFI). "With the launch of Avni debit card, women customers will have access to numerous benefits associated with this specific savings account," he told reporters. With a total customer base of around 3.49 crore customers, 73 per cent of which are women at 2.56 crore. Kesh said that this would help lower the cost of funds and increase the CASA ratio. Rajinder Ku

Bandhan Bank revises FD interest rates, offers up to 8.50%

The updated fixed deposit interest rates for retail deposits will be effective from August 7, 2024

From Canara Bank to HDFC Bank, banks up the ante on deposit drive

Private sector lender Bandhan Bank on the other hand, decided to up their rate substantially over others. On Tuesday, it announced a new bucket of 1 year 9 months at an attractive interest rate of 8%

RVNL, Voda Idea, Dixon, HDFC Bk can rally up to 27% on MSCI inclusion boost

MSCI India August rejig: 7 stocks to be included in the India Index, HDFC Bank weightage to increase in 2 tranches; Bandhan Bank on its way out.

India's weight in MSCI EM Index hits 20%; RVNL, Dixon to get huge inflow

Analysts at Nuvama expect an inflow of $281 million in Dixon Technologies as a result, followed by Vodafone Idea at $278 million

Strategy is liabilities-led growth, aim to improve Casa: Bandhan Bank CEO

Mr Ghosh had clearly articulated when he took the decision of retirement by the end of his tenure. He said the bank should decisively come out of the post pandemic problems

Loan growth, higher return ratio hopes positive for Bandhan Bank

The operating expenses grew 21 per cent Y-o-Y but reduced 8 per cent Q-o-Q to Rs 1,590 crore, which was lower than expectations

Bandhan Bank stock price surges 12% on healthy June quarter earnings

Bandhan in annual report said that the Bank will continue to focus on retaining its strength in the microfinance market, it will ensure that the agenda of diversification of the asset book is on track

Bandhan Bank Q1FY25 results: Net profit increases 47% to Rs 1,063 crore

During the quarter, the bank's total income increased to Rs 6,063 crore against Rs 4,908 crore a year ago, Bandhan Bank said in a regulatory filing

Irdai imposes penalty of Rs 2 crore on Bajaj Finance, Aegon Life Insurance

Bajaj Finance said that the decision does not have any material impact on its financial, operational, or other activities, the company said in an exchange filing

Chandra Shekhar Ghosh hangs up boots as Bandhan Bank MD and CEO

Ghosh's abrupt departure surprised many, given the bank's board had in November last year approved extending his tenure until 2027, subject to the banking regulator's approval