Net NPAs or bad loans reduced significantly to 1.66 per cent, from 3.51 per cent
The technical analyst from HDFC Securities recommends buying Action Construction Equipment and Bandhan Bank.
The derivative analyst from HDFC Securities recommends buying Bandhan Bank April 360 Call and simultaneously selling 360 Call.
So far, the story reads well. We'll need to wait a couple of years to see how many restructured loans turn bad and whether some banks fall victim to their obsession for growth
The deal will make Bandhan Financial Holdings the latest banking group foray into the Rs 38-trillion domestic mutual fund (MF) industry
In the past one month, Bandhan Bank has outperformed the market by surging 28 per cent as compared to 5.6 per cent rise in the S&P BSE Sensex
According to bulk deal data available with the BSE, Housing Development Finance Corporation (HDFC) sold a total of 4,96,32,349 shares, amounting to 3.08 per cent stake, of Bandhan Bank
At 09:15 am; 50.14 million equity shares representing 3.11 per cent of total equity of Bandhan Bank changed hands on the BSE, the exchange data shows.
The market-share drop is temporary in nature; it is a reflection of the interest rate, equity market, and the overall business environment
The stock of Zee Entertainment needs to firmly overcome the hurdle of Rs 298.60 levels to see fresh upside
Singapore's sovereign wealth fund GIC, private equity player ChrysCapital are partners of the consortium
The bank's total loan stood at Rs 1,01,359 crore during Q4 of FY22
The overall collection efficiency ratio (CER) of private lender Bandhan Bank stood at 96% at the end of FY 2021-22, against 93% in the preceding third quarter, the bank said in a statement on Tuesday
The union budget for 2022-23 seeks to support the recent economic growth momentum and help it sustain over the long-term, MD&CEO of Bandhan Bank Chandra Sekhar Ghosh said on Tuesday. He said the substantial rise in planned capital expenditure for creation of infrastructure, focus on affordable housing and development of the MSMEs and the farm economy will prepare India for the next phase of growth. The extension in timeline and increased outlay towards emergency credit line guarantee scheme and additional infusion of funds in the credit guarantee trust for micro and small enterprises will provide relief to the sector, Ghosh said. The significant additional allocation towards PM Awas Yojana will boost demand for affordable housing and also for housing finance, he added. MD&CEO of Indian Bank Shanti Lal Jain called the union budget a growth oriented budget against the backdrop of the pandemic. Focus on clean energy, infrastructure, agriculture, MSME, education, digital economy,
Follow-up buying in some of these stocks can see them move up in the sessions ahead. However, investors need to be mindful of the overall market volatility besides the technical setup
Net Interest Income for the quarter grew by 2.6% to Rs 2,124.7 cr
Loans and advances grew 11 per cent y-o-y to Rs 89,213 crore as on December 31
A Death Cross, Descending triangle and a breach of significant levels reflect downside up to 16% for these banking shares
Nifty Bank was trading lower for the sixth straight day, having fallen 8 per cent during the period
Tata Motors on Wednesday said it has tied up with Bandhan Bank for retail finance for its range of passenger vehicles. As part of the tie-up, Bandhan Bank will provide loans to Tata Motors' customers at an interest rate starting from as low as 7.5 per cent, the automaker said in a statement. The scheme will offer a maximum of 90 per cent financing on the total on-road cost of the vehicle, it added. Customers can also enjoy a benefit of special EMI options with a repayment tenor of up to seven years and the bank has also designed certain exclusive features like zero charges on foreclosure and part payment, Tata Motors said. "This partnership is a part of our #FinancEasy Festival, wherein we are collaborating with multiple finance partners across India to make ownership of cars accessible, as well as a hassle-free process for the customers and thereby adding to the celebrations of this festive season," Tata Motors Passenger Vehicle Business Unit Vice President (Sales, Marketing & ...