Page 5 - Bandhan Bank

Stocks to watch: Avenue Supermarts, Bandhan Bank, Hero Moto, UltraTech

The National Company Law Tribunal has initiated insolvency proceedings against construction firm Ahluwalia Contracts India for defaulting on payments to an operational creditor

Economy may rebound by Q4 of FY22: Bandhan Bank's Chandra Shekhar Ghosh

Bandhan Bank MD & CEO Chandra Shekhar Ghosh is hopeful that the economy will rebound by the third and fourth quarters of the current fiscal, enabling the lender to meet its targets. He said the bank had exercised caution amid the COVID-19 pandemic and made additional provisioning in the last quarter of 2020-21. "We remain cautiously optimistic for the current fiscal as we have made additional provisioning as safeguard. The second wave of Covid pain is expected to subside in the next two-three months, and this time people are better geared than the first wave that took everyone by surprise. "The worst seems to be over, and the economy will rebound by the time major lending business happens in Q3 and Q4, to meet our targets," Ghosh told PTI. On NPAs, he said the numbers will come down with time as borrowers are aware about missing repayments amid the pandemic scenario. "I recently went to an area where NPAs are high, and people acknowledged Bandhan's role in developmen

Bandhan Bank's Q4 net profit declines 80% due to higher provisioning

Provisions of the lender nearly doubled to 1,594 cr in Q4FY21 as compared to Rs 827 cr in Q4FY20

Bandhan Bank Q4 net profit tumbles 80% to Rs 103 cr on higher provisions

Provisions and contingencies spiked by 93% to Rs 1,594 crin Q4FY21 as compared with Rs 827 cr in Q4FY20

Digital banking can mask risks, say CROs at Business Standard webinar

Efforts to identify key personnel risks need to increase by many notches, given the amount of investments being made in technology, and the number of digital transactions

Bandhan Bank gains 4% as loan growth jumps 21% YoY in March quarter

The private lender, on Monday, reported a 21 per cent yearly growth in loans and advances to Rs 87,054 crore as of March 31, 2021 from Rs 71,846 crore as on March 31, 2020.

Stocks to watch: TCS, Yes Bank, Bandhan Bank, Hindustan Copper, NBCC

The board of Muthoot Finance approved payment of an interim dividend of Rs 20 per equity share

Market Ahead Podcast, April 13: Top factors that could guide markets today

Sebi imposed a penalty of Rs 25 crore on Yes Bank in the matter of misselling the lender's AT-1 bonds few years ago

Bandhan Bank: Concerns on MFI portfolio an overhang

Brokerages have lately turned optimistic though Q4 results hold key for sentiments to improve

Nifty Bank index hits over 1-month low; Bandhan, RBL Bank slip 5%

At 12:51 pm, the Nifty Bank index was down 2.7 per cent at 34,536 points, as compared to 1.6 per cent decline in the Nifty50 index

Top trading ideas by Anand Rathi Shares: Buy Bandhan Bank, HCL Tech

At current juncture, Bandhan Bank's stock is hovering just above the clusters of moving averages on daily chart

After the high, a big fall: Sensex's 11-week winning streak ends

Most global stocks dropped, with investors pruning their bullish bets as rising Covid-19 cases sparked concerns about corporate earnings and economic revival

Portfolio concentration weighs on Bandhan Bank, stock down 13% post results

Dependence on microfinance loans for growth is steadily increasing, which poses a risk in present environment

Bandhan Bank sinks 11% in 2 days on disappointing December quarter results

Bandhan Bank reported a sharp deterioration in asset quality trends with pro-forma gross non-performing assets (GNPA) ratio increasing to 7.1 per cent

Bandhan Bank: Problem of portfolio concentration tightens grip on lender

Dependence on microfinance loans for growth is steadily increasing, which poses a risk in present environment

Bandhan Bank's Q3 net profit down 13.5% on higher Covid provisioning

The lender has made provisioning to the tune of Rs 1,068 crore in Q3FY21, of which Rs 1,000 crore is covid-related

Stocks to watch: Bandhan Bank, Sobha, Lupin, Maruti Suzuki, CEAT, Wendt

Bandhan Bank said its loans and advances grew by 23 per cent YoY to Rs 80,255 crore during the third quarter of the current fiscal

Diversification, deposit growth put IDFC First ahead of Bandhan Bank

Both the banks have relied on inorganic options for growth and diversification

MFI stocks make a comeback in financial landscape after two-year hiatus

Betting on pure-play MFI players such as CreditAccess Grameen and Spandana Sphoothy may be safer compered to MFI-oriented banks

Veteran Banker Romesh Sobti set to join Aditya Birla Capital board

Rehauling of business strategy is presently underway; set to approach the RBI for banking license once final guidelines is released