Bandhan Bank

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Bandhan Bank - Total results - 55
Bandhan Bank expects recovery of loans extended to micro-credit customers to start from second quarter of FY21
Business

Bandhan Bank expects recovery of loans extended to micro-credit customers to start from second quarter of FY21

Private lender Bandhan Bank said on Thursday that recovery of loans extended to micro-credit customers will happen from the second quarter of the 2020-21 fiscal

Bankers welcome economic package announced by govt, say will encourage lending to MSMEs
Business

Bankers welcome economic package announced by govt, say will encourage lending to MSMEs

The various initiatives announced by the government on Wednesday to support micro, small and medium enterprises (MSMEs) will encourage banks to lend more to the sector, bankers said

Bandhan Bank Q4 net profit at Rs 517 cr; gross non-performing assets fall to 1.48%
Business

Bandhan Bank Q4 net profit at Rs 517 cr; gross non-performing assets fall to 1.48%

Bandhan Bank on Tuesday said its net profit for March quarter, 2019-20 stood at Rs 517.28 crore

Yes Bank Q4 results: Private lender posts Rs 2,629 cr net profit on gains from AT-1 bond write-off
Business

Yes Bank Q4 results: Private lender posts Rs 2,629 cr net profit on gains from AT-1 bond write-off

Yes Bank had a loss of Rs 18,560 crore loss in the December quarter while the loss was at Rs 1,506 crore in the March 2019 quarter.

Bandhan Bank FY20 deposits rise 32% to Rs  57,073 cr; advances jump by 60% to Rs 71,825 cr
Business

Bandhan Bank FY20 deposits rise 32% to Rs 57,073 cr; advances jump by 60% to Rs 71,825 cr

Bandhan Bank on Monday said its total deposits grew by 32 percent to Rs 57,073 crore during the fiscal ended March 2020

Yes Bank rescue plan: Bandhan Bank to invest Rs 300 cr as part of RBI's reconstruction plan for crisis-hit private lender
Business

Yes Bank rescue plan: Bandhan Bank to invest Rs 300 cr as part of RBI's reconstruction plan for crisis-hit private lender

ICICI Bank, Housing Development Finance Corp Ltd, Axis Bank and Kotak Mahindra Bank too on Friday said they will join the SBI-led consortium and invest in Yes Bank.

Bandhan Bank shares rally 5% after Reserve Bank allows branch network expansion
Business

Bandhan Bank shares rally 5% after Reserve Bank allows branch network expansion

Shares of Bandhan Bank on Wednesday jumped nearly 5 percent in early market hours after RBI allowed the private sector lender to expand its branch network

RBI lifts ban on Bandhan Bank network expansion after lender's efforts to comply with licensing conditions
Business

RBI lifts ban on Bandhan Bank network expansion after lender's efforts to comply with licensing conditions

The RBI in September 2018 had barred Bandhan Bank from expanding its network as the lender failed to reduce the promoters' stake to 40 percent

HDFC net profit soars almost four times to Rs 8,372.5 cr on gains from Gruh Finance merger; loan book crosses Rs 5 lakh cr
Business

HDFC net profit soars almost four times to Rs 8,372.5 cr on gains from Gruh Finance merger; loan book crosses Rs 5 lakh cr

The largest pureplay mortgage lender HDFC on Monday reported a near four-fold growth in net profit at Rs 8,372.5 crore for the three months to December as against Rs 2,113.8 crore in the same period last year

HDFC Bank shows no signs of slow down, Bandhan Bank a hyper-aggressive player; all this and more on Moneycontrol Pro
Business

HDFC Bank shows no signs of slow down, Bandhan Bank a hyper-aggressive player; all this and more on Moneycontrol Pro

Like several microfinanciers that have become small finance banks, Bandhan Bank remains for the most part a microfinance lender.

Bandhan Bank Q3 net profit surges over two-fold to Rs 731 cr; gross NPAs decline to 1.93%
Business

Bandhan Bank Q3 net profit surges over two-fold to Rs 731 cr; gross NPAs decline to 1.93%

Bandhan Bank on Tuesday reported over two-fold jump in net profit to Rs 731.03 crore for the third quarter ended 31 December, 2019

HDFC Q2 consolidated net profit up 76% at Rs 10,749 cr; total income rises 43% to Rs 32,851 cr
Business

HDFC Q2 consolidated net profit up 76% at Rs 10,749 cr; total income rises 43% to Rs 32,851 cr

Mortgage lender HDFC on Monday said its consolidated net profit jumped over 76.3 percent to Rs 1,748.69 crore in the second quarter ended September 2019

HDFC acquires 9.89% stake in Bandhan Bank as part of merger scheme; over 15.93 cr shares transferred to mortgage firm
Business

HDFC acquires 9.89% stake in Bandhan Bank as part of merger scheme; over 15.93 cr shares transferred to mortgage firm

Earlier this month, Bandhan Bank merged with Gruh Finance, which brought down the shareholding of the promoter from 82.26 percent to 60.96 percent.

Bandhan Bank fined Rs 1 cr for not bringing promoter shareholding down within stipulated time
Business

Bandhan Bank fined Rs 1 cr for not bringing promoter shareholding down within stipulated time

The Kolkata-headquartered Bandhan Bank had a net income of Rs 488 crore in the year-ago period

Indian-American Abhijit Banerjee, wife Esther Duflo win Nobel in Economics: all you need to know about the prize-winning couple
Business

Indian-American Abhijit Banerjee, wife Esther Duflo win Nobel in Economics: all you need to know about the prize-winning couple

Banerjee, born in 1961 in Mumbai, received his undergraduate degree from the University of Calcutta, and a master's degree from the Jawaharlal Nehru University in New Delhi.

Bandhan Bank shares zoom 15% to close at 583 on reports of MSCI index addition
Business

Bandhan Bank shares zoom 15% to close at 583 on reports of MSCI index addition

Bandhan Bank shares zoomed 15 percent on Friday amid reports that the stock will be added to the MSCI index

Bandhan Bank gets shareholders' nod to merge Gruh Finance; deal to reduce BFHL's stake in lender to 61%
Business

Bandhan Bank gets shareholders' nod to merge Gruh Finance; deal to reduce BFHL's stake in lender to 61%

Bandhan Bank had agreed to takeover Gruh Finance, the affordable housing finance arm of HDFC Ltd, in a share swap deal in January.

Bandhan Bank net profit surges 45% to Rs 701 cr in June quarter on higher core income; gross NPAs rise to 2.02%
Business

Bandhan Bank net profit surges 45% to Rs 701 cr in June quarter on higher core income; gross NPAs rise to 2.02%

Bandhan Bank on Friday reported a jump of over 45 percent in its net profit to Rs 701 crore in the first quarter ended 30 June, on healthy core income

HDFC sells 4.22% stake in Gruh Finance for Rs 899 cr; shares of both companies decline
Business

HDFC sells 4.22% stake in Gruh Finance for Rs 899 cr; shares of both companies decline

Mortgage lender HDFC on Friday said it has sold over 4.22 percent stake in subsidiary Gruh Finance Ltd (Gruh), which is proposed to be amalgamated with Bandhan Bank for Rs 899.43 crore