Page 4 - Bandhan Bank

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

Bandhan Bank appoints Ratan Kumar Kesh as interim MD&CEO for 3 months

Kesh currently holds the position of executive director & chief operating officer at the bank

Bandhan Bank shares gain 2% on strong June quarter business update

The uptick in share price came on the back of a strong June quarter (Q1FY25) business update

Paytm, PVR Inox: Can laggards of H1-2024 script turnaround? What charts say

Paytm, PVRInox, Bandhan Bank, Syrma SGS Technology and Alkyl Amines: Trading strategies for stocks that ended as losers in the first-half of 2024.

Bandhan Bank launches new service for online collection of direct taxes

Bandhan Bank on Friday said it has launched a facility for online collection of direct taxes, enabling its customers and others to pay taxes seamlessly across India. As an RBI-appointed agency bank, it also accepts offline payments through its 1,700 branches, the lender said in a statement. The service is available through internet banking, payment gateway, cash, cheque, or demand draft, it said. Bandhan Bank's head of government business group, Debraj Saha, said, "The bank is proud to support the Central Board of Direct Taxes as an agency bank, aligning with the government's e-governance initiative." With over 6,300 banking outlets across 35 states and UTs, Bandhan Bank serves over 3.35 crore customers.

Additional director on Bandhan Bank is prudent measure by RBI: Macquarie

On Monday, RBI inducted an additional director on the board of Bandhan Bank - Arun Kumar Singh, former chief general manager of RBI

RBI inducts addl director on Bandhan Board ahead of CEO Ghosh's retirement

Ex RBI CGM Arun Kumar Singh appointed for one year to ensure smooth leadership transition

5 private bank stocks for your portfolio; Check trading strategy here

ICICI Bank stock looks strong on charts. Among others Bandhan Bank, IDFC First Bank, IndusInd Bank and RBI Bank can rally up to 21%; check key levels

Bandhan Bank seeks external candidate for CEO role as Ghosh set to retire

Headhunting firm Egon Zehnder is currently evaluating potential candidates and is expected to present a shortlist to Bandhan Bank's board in the coming weeks

Bandhan Bank Q4 results: Net profit declines 94% to Rs 54.6 crore

The bank said that as a prudent measure and in accordance with its policy, it had technically written off loans amounting to Rs 3,852 crore

Bandhan Bank Q4 results: Net profit declines 93% to Rs 54.63 crore

Bandhan Bank's provisions and contingencies jumped to Rs 1,774 crore from Rs 735 crore a year earlier

Bandhan Bank slips 7% on heavy volumes ahead of Q4 results on Friday

Bandhan Bank stock price: Average trading volume on the counter surged nearly two-fold with a combined 33.86 million equity shares, representing 2 per cent of total equity of the bank, changing hands

Bandhan Bank stock hits 4-year low; Ghosh's retirement plan weighs

In past two weeks, the share price of Bandhan Bank has declined 14 per cent after Chandra Shekhar Ghosh, MD and CEO of he bank, on April 5 said would retire after the completion of his current tenure

Bandhan Bank MD Ghosh asks staff not to worry over his resignation

When asked if there will be an interim CEO, he said the board will take necessary steps in the first week of July

Chandra Shekhar Ghosh's exit may delay Bandhan Bank's recovery: Analysts

The Kolkata-based lender has inducted several senior management officials in the recent past, hence fairly new to the bank

Bandhan Bank tanks 9% as MD & CEO Ghosh announces retirement plan

Chandra Shekhar Ghosh, Managing Director and Chief Executive Officer (MD and CEO), who has led Bandhan Bank since 2015 said would retire after the completion of his tenure on July 9.

Bandhan Bank CEO Chandra Shekhar Ghosh to step down after tenure

'I started with my own savings, contributions from some relatives and borrowings from moneylenders. Once the model was proven, financial institutions came forward to lend and support.'

Bandhan Mutual Fund announces launch of the Bandhan Innovation Fund

The fund is ideal for investors with a long-term investment horizon and higher risk appetite, looking for diversification in their satellite portfolio and generating potential alpha