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Bandhan Bank

Bandhan Bank cuts interest rate on micro loans by 70 bps

The revised rate will be applicable to new disbursements from Tuesday, the bank said in a statement.

Jun 18, 2019, 10:13 AM IST

HDFC sells further 4.22% stake in Gruh for Rs 899 crore

The sale of 3,10,00,000 equity shares representing 4.22 of the issued and paid-up share capital of Gruh was carried out through stock exchanges at the prevailing market price, HDFC said in a regulatory filing.

Jun 14, 2019, 16:02 PM IST

RBI approves proposal of HDFC for holding 9.9% stake in Bandhan Bank

Gruh Finance, the affordable housing finance arm of HDFC Ltd, was taken over by Bandhan Bank in a share-swap deal in January.

Apr 24, 2019, 09:58 AM IST

Bandhan Bank gets RBI nod for acquiring Gruh Finance

Gruh Finance, the affordable housing finance arm of HDFC Ltd, was taken over in January by Kolkata-based Bandhan Bank in a share-swap deal.

Mar 18, 2019, 10:27 AM IST

Bandhan Bank Q3 net profit rises 10 pc to Rs 331 crore

The bank had recorded a net profit of Rs 300.04 crore in the October-December quarter of last fiscal.

Jan 10, 2019, 14:54 PM IST

Bandhan snaps up HDFC arm Gruh Finance in an all-stock deal

The boards of the both the lenders fixed a share exchange ratio at 568 equity shares of Bandhan Bank with face value of Rs 10 for 1,000 shares of Gruh Finance which has a face value of Rs 2 each.

Jan 08, 2019, 09:51 AM IST

Bandhan Bank Q1 net Rs 482 crore, to focus on micro-credit, retail

The Kolkata-headquartered bank reported a 47.5-percent rise in its net profit for the first quarter ended June to Rs 482 crore, as against a bottomline of Rs 327 crore a year ago.

Jul 19, 2018, 15:22 PM IST

Bandhan Bank appoints Ex-RBI Deputy Governor H R Khan as chairman

The appointment is subject to approval by the RBI and the shareholders in the ensuing annual general meeting of the Bank.

Jun 06, 2018, 12:41 PM IST

Bandhan Bank net up 20.3% despite microfinance NPA trebles

For the entire fiscal year 2018, the Kolkata-based bank, which went public last month, reported a 21 percent growth in bottomline at Rs 1,346 crore.

Apr 27, 2018, 16:09 PM IST

Bandhan Bank becomes 8th most valued bank on stellar debut

On NSE, shares of the company zoomed 27.16 percent to settle at Rs 476.85.

Mar 28, 2018, 09:14 AM IST

Bandhan Bank soars 33% in trading debut on NSE

The IPO of Bandhan Bank was oversubscribed 14.56 times, eliciting good response from QIP and HNI investors.

Mar 27, 2018, 10:24 AM IST

Bandhan Bank IPO subscribed 88% on Day 2 of bidding

The portion set aside for qualified institutional buyers (QIBs) was subscribed 2.33 times, non institutional investors 24 percent and retail investors 33 percent.

Mar 16, 2018, 21:03 PM IST

Bandhan Bank IPO subscribed 42% on opening day

Of the total size, the lender allocated over 3.57 crore equity shares at a price of Rs 375 a piece aggregating to Rs 1,341.91 crore to 65 anchor investors.

Mar 15, 2018, 23:49 PM IST

Bandhan Bank's IPO opens today: Here's what you should know before you subscribe

The price band of the issue is Rs 370-375 per equity share with face value of Rs 10 each.

Mar 15, 2018, 14:15 PM IST

Bandhan Bank looks to add 60 more branches in 6 months

The Reserve Bank of India's guidelines mandated the bank to get itself listed within three years from the commencement of banking operations. 

Oct 02, 2017, 12:47 PM IST

Bandhan Bank focuses on gold loan, initiates listing process

In a bid to strengthen the retail loans portfolio, the private lender Bandhan Bank is focusing on gold loans along with affordable housing segment, a top official said on Thursday.

Aug 24, 2017, 11:11 AM IST

Bandhan Bank reports Rs 1,111 crore net profit for FY17

Private sector lender Bandhan Bank on Thursday reported a net profit of Rs 1,111 crore for fiscal 2017 and announced that the small business segment will be its area of focus in the coming times.

Apr 27, 2017, 16:30 PM IST

Bandhan Bank slashes micro lending rate to 19.9%

The Bandhan Bank on Monday further eased the micro lending rate rate by 60 basis points to bring interest rate down to 19.9 percent with immediate effect.

Jul 18, 2016, 15:32 PM IST

Bandhan Bank racks up Rs 275 crore net profit

 Bandhan Bank, which started banking operations from August 2015, registered a net profit of Rs 275 crore during September 2015 and March 2016.

May 16, 2016, 16:23 PM IST

Bandhan sells Rs 500 crore loans from priority sector portfolio

Microlender-turned-universal bank Bandhan on Wednesday said it has sold Rs 500 crore of its loans qualifying as priority sector lending (PSL) to different banks wanting to meet the mandatory 40 percent target.

Dec 30, 2015, 19:58 PM IST