Gruh Finance

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 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%

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

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

Reserve Bank of India 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

Bandhan Bank gets Competition Commission approval to acquire Gruh Finance

Kolkata-based Bandhan Bank on Tuesday said it has received approval of the Competition Commission of India (CCI) for the proposed acquisition of Gruh Finance

Bandhan Bank gets RBI nod for the proposed acquisition of Gruh Finance

Bandhan Bank Q3 net profit rises 10% to Rs 331 cr; gross NPAs rise to 2.41% of advances

Private sector lender Bandhan Bank on Thursday reported a 10.3 percent rise in net profit to Rs 331.25 crore for the third quarter ended 31 December, 2018.

Gruh Finance and Bandhan Bank shares tumble up to 15% after merger announcement

Bandhan Bank to acquire HDFC-promoted Gruh Finance in merger deal

Bandhan Bank on Monday said it has agreed to acquire housing finance firm Gruh Finance through a share swap deal.