Page 13 - Bandhan Bank

Bandhan Bank: A relationship worth trying

Bank offers moat to investors but IPO needs to be rightly priced

Bandhan Bank to offer about 119 mn shares in IPO

IPO will comprise a fresh issue of up to 97.7 million shares while selling shareholders are offering up to 21.6 mn shares

Fee income pushes Bandhan Bank net up 18.2% to Rs 331 cr

Its current accounts-saving accounts deposits rose to 28.18 per cent of total deposits from 16.71 per cent in the year-ago period

Bandhan Bank yet to decide on IPO size required to meet regulatory norms

Bandhan Bank had emerged as among one of the highest among Mudra loan disbursements in West Bengal

Bandhan appoints five merchant bankers for IPO

Bandhan Bank had posted Rs 1,111.95 crore in net profit for the FY18

Bandhan Bank appoints Goldman Sachs, JP Morgan as lead managers for IPO

As per RBI guidelines, banks have to list their businesses within three years of operation

Farm loan waivers contribute to Bandhan Bank's rising NPA

Already facing a steep rise in the gross non-performing assets (NPA) during the first quarter of the current fiscal year at 0.82 per cent, Kolkata based Bandhan Bank is headed towards a further rise in NPA owing to the political showdown in Darjeeling.Its loan disbursement in the Darjeeling-Sikkim belt, which is mainly micro credit, is to the tune of Rs.20-25 crore. Owing to the ongoing shutdown in the area, the bank's collection agents from 10-11 collection centres are unable to collect repayments from the borrowers in the hills of northern West Bengal."Till now, the loans from Darjeeling, hasn't turned out to be NPA, but is expected to become soon", the bank's managing director and CEO, Chandra Shekhar Ghosh said."Since the situation is tense there, I am not able to ask my staff to go there in case any incident happens. I can't put their life is put in danger", he added.The tea and tourism sector, as a result of the ongoing political tension there, is estimated to have undergone ...

Bandhan Bank to open 160 branches more

The bank currently has 840 branches spread across different states in the country

Bandhan, IDFC chart divergent paths in banking

IDFC Bank has managed to reduce these stressed assets significantly

Bandhan Bank Q4 profit rises 127%

Performance was on the back of healthy growth in its microfinance portfolio

Bandhan Bank Q4 net more than doubles to Rs 323 crore

It reported net profit of Rs 1,111 cr for 2016-17 as against an annualised Rs 500 crore in 2015-16

No plan to defer IPO by 3 years: Bandhan Bank

Reports earlier said that the bank would seek permission to defer IPO by three years

Bandhan Bank cuts lending rate for small borrowers to 10.52%

Bandhan Bank will now charge its micro borrowers interest at 18.52% a year, down from 19.90%

Bandhan Bank now has fourth largest debit card base in pvt sector

In less than a year, it has left several of its peers behind

Fault line in banking sector raises concerns: Pranab

He was speaking at the first year anniversary of Bandhan Bank's operations

Bandhan sprints into new role as universal bank

With over Rs 15,000 crore in deposits, its strategy is a hit for now, but the real test will come when it starts lending to retail and corporate customers in a big way

Want to give all services of a universal bank: C S Ghosh

Interview with Managing Director, Bandhan Bank

Bandhan Bank plans to enter wealth management services

Bandhan intends to start the services on a pilot basis in one of its recently opened high net worth individual (HNI, or rich person) branch in Kolkata

Bandhan Bank straddles the urban-rural divide

The transition from a MFI to a universal bank has meant that the West Bengal-based major has had to shed its conservative approach to advertising & marketing