Page 3 - Bandhan Bank

Bandhan Bank falls 2%, nears record low on weak Q3 business update

In Q3FY25, Bandhan Bank's collection efficiency continued to deteriorate by approximately 60 bps quarter-on-quarter to 97.6 per cent from 98.2 per cent in Q2FY25

Nestle, IndusInd, Bandhan, Asian Paints from BSE 500 index hit 52-week lows

Sensex hit 79,020 in intra-day trade today, falling 3.79 per cent or 3,113.12 points in four trading days from the level of 82,133 touched on Friday, December 13

Bandhan Financial Services acquires Genisys Group, expands global footprint

The acquisition will help Bandhan Group expand its global footprint with new offices in the US, UK, and India, significantly enhancing its presence in these markets

Bandhan Bank jumps over 9% after profits soars 30% in Q2FY25 results

Bandhan Bank shares jumped 9.74 per cent at Rs 184.40 per share on the BSE in Monday's intraday deals

Bandhan Bank Q2 results: Net profit increases 30% to Rs 937 crore

Bandhan Bank on Friday reported a 30 per cent increase in net profit at Rs 937 crore for the quarter ended September 30, 2024. The bank had earned a net profit of Rs 721 crore in the year-ago period. Total income rose to Rs 6,095 crore in the quarter under review, from Rs 5,032 crore in the same period a year ago, Bandhan Bank said in a regulatory filing. Interest income of the bank rose to Rs 5,500 crore in the July-September quarter, from Rs 4,492 crore in the September quarter of 2023. Asset quality of the bank witnessed improvement with gross non-performing assets (NPAs) falling to 4.68 per cent of gross advances at the end of the September quarter of 2024, as against 7.32 per cent a year ago. Net NPAs or bad loans also declined to 1.29 per cent, as against 2.32 per cent in the year-ago period. However, the Capital Adequacy Ratio of the bank declined to 14.34 per cent, from 19.21 per cent at the end of September 2023.

Bandhan, IDFC First, RBL, CSB Bank among 19 financial stocks at 52-week low

Capital Small Finance Bank, ESAF Small Finance Bank, Fedbank Financial Services and Fusion Finance have hit an all-time low in trades on Friday.

De-risking loan portfolio likely a top priority for new Bandhan CEO

The bank has been maintaining a net interest margin of 7.6 per cent in both quarters of FY25 and Q4 of FY24

Bandhan Bank's shares jump over 12% as key overhangs get resolved

The bank informed the exchanges that it has received RBI approval to appoint career PSU banker Partha Pratim Sengupta as MD&CEO of the bank for a period of three years

Bandhan Bank up 9% on RBI nod to appoint Partha Pratim Sengupta as MD & CEO

Bandhan Bank share: Thus far in the calendar year 2024, Bandhan Bank share price has underperformed the market by falling 17 per cent

RBI approves Partha Pratim Sengupta as MD and CEO of Bandhan Bank

Ex-SBI Sengupta was credited for turning around IOB

NCGTC to pay Bandhan Bank extra Rs 315 cr for claims under CGFMU scheme

Additionally, since they have already settled the bank's first claim of Rs 916 crore, they will pay an additional claim of Rs 314.68 crore to the 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