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Page 9 - Bandhan Bank

We won't sign MFI code as we already lend responsibly: Bandhan Bank chief

'MFIs need to lend responsibly. We don't do target-based lending', said Ghosh

We won't sign MFI code as we already lend responsibly: Bandhan Bank chief
Updated On : 27 Feb 2020 | 11:44 PM IST

Bandhan Bank to add 250 banking outlets by the end of this financial year

Move follows relaxation given by RBI to expand network. Earlier, the regulator had imposed curbs on lender for not meeting promoter shareholding norms

Bandhan Bank to add 250 banking outlets by the end of this financial year
Updated On : 26 Feb 2020 | 10:57 PM IST

Bandhan Bank gains 5% as RBI lifts restrictions on opening new branches

The central bank had barred Bandhan Bank in September 2018 from expanding its network as the lender had failed to reduce promoter stake to 40 per cent

Bandhan Bank gains 5% as RBI lifts restrictions on opening new branches
Updated On : 26 Feb 2020 | 10:34 AM IST

Bandhan Bank gets RBI relief on opening of branches, subject to conditions

The bank has been allowed to open new branches, provided 25% of all new banking outlets opened in a financial year are in unbanked rural centres

Bandhan Bank gets RBI relief on opening of branches, subject to conditions
Updated On : 25 Feb 2020 | 11:25 PM IST

Bandhan Bank, HDFC Life, Info Edge jump 4% on inclusion in F&O segment

Post inclusion, stocks under the F&O segment will now be 143, up from 140, with effect from February 28, when the March series begins

Bandhan Bank, HDFC Life, Info Edge jump 4% on inclusion in F&O segment
Updated On : 25 Feb 2020 | 10:10 AM IST

Market Ahead, February 25: All you need to know before the Opening Bell

Among individual stocks, HDFC Life Insurance Company, Bandhan Bank, and Info Edge will be in focus today as they are set to be added in the Futures & Options segment effective February 28

Market Ahead, February 25: All you need to know before the Opening Bell
Updated On : 25 Feb 2020 | 8:10 AM IST

Bandhan Bank declines 3%, hits fresh 52-week low; down 37% from Oct high

The stock was trading lower for the third straight day, down 3% at Rs 411, its lowest level since February 5, 2019.

Bandhan Bank declines 3%, hits fresh 52-week low; down 37% from Oct high
Updated On : 19 Feb 2020 | 11:28 AM IST

Bandhan Bank: Investors should look beyond the headline numbers

Even as asset quality seems stable, factors such as provision coverage ratio and loan book diversification need attention

Bandhan Bank: Investors should look beyond the headline numbers
Updated On : 16 Jan 2020 | 3:13 AM IST

Bandhan Bank's net profit more than doubles to Rs 731 crore in Q3

Sequentially, net profit declined 24.79 per cent as it registered a profit of Rs 972 crore in Q2

Bandhan Bank's net profit more than doubles to Rs 731 crore in Q3
Updated On : 15 Jan 2020 | 3:08 AM IST

Bandhan Bank dips 3% as Q3 NNPA rises 46% QoQ, profit stands at Rs 731 cr

The bank's performance, however, improved on a year-on-year basis due to low base effect. The net profit jumped 121 per cent YoY from Rs 331.26 crore logged in the same quarter last year (Q3FY19).

Bandhan Bank dips 3% as Q3 NNPA rises 46% QoQ, profit stands at Rs 731 cr
Updated On : 14 Jan 2020 | 1:49 PM IST

BS Banking Annual 2019: Banking is a very long-term biz, says USFB chief

Becoming a bank has given us more strength, says Jana SFB MD & CEO Ajay Kanwal

BS Banking Annual 2019: Banking is a very long-term biz, says USFB chief
Updated On : 18 Dec 2019 | 9:27 PM IST

Bandhan Bank stands out at BS Banking Annual 2019 for all-round performance

Ghosh was commended for his deep knowledge of lending, having technology-focused lending operations and keeping the work force motivated

Bandhan Bank stands out at BS Banking Annual 2019 for all-round performance
Updated On : 18 Dec 2019 | 9:05 PM IST

Bandhan Bank's C S Ghosh is Business Standard Banker of the Year 2019

Chandra Shekhar Ghosh has turned a small microfinance NGO into a formidable private bank

Bandhan Bank's C S Ghosh is Business Standard Banker of the Year 2019
Updated On : 18 Dec 2019 | 8:48 PM IST

Bandhan Bank trades near 3-month low; slips 21% thus far in December

The stock was trading at its lowest level since September 20, 2019.

Bandhan Bank trades near 3-month low; slips 21% thus far in December
Updated On : 18 Dec 2019 | 12:21 PM IST

Bandhan Bank eyes big role in affordable housing finance segment

The bank is expecting that a little less than 50% of its portfolio will be dominated by affordable housing loans in the next 3 to 5 years.

Bandhan Bank eyes big role in affordable housing finance segment
Updated On : 02 Dec 2019 | 10:57 PM IST

Bandhan Bank's C S Ghosh is Business Standard Banker of the Year 2018-19

The jury said Ghosh, 59, deserved the award for the all-round performance of Bandhan Bank

Bandhan Bank's C S Ghosh is Business Standard Banker of the Year 2018-19
Updated On : 14 Nov 2019 | 1:36 AM IST

Bandhan Bank board okays increase in foreign investment to 49%

The bank last week faced a Rs 1 crore fine from the RBI for not complying with shareholding norms under the licensing rules

Bandhan Bank board okays increase in foreign investment to 49%
Updated On : 04 Nov 2019 | 9:16 PM IST

RBI's promoter shareholding norm: HDFC buys 9.89% stake in Bandhan Bank

9.89% stake of the total share capital of Bandhan Bank has been alloted to HDFC Ltd

RBI's promoter shareholding norm: HDFC buys 9.89% stake in Bandhan Bank
Updated On : 31 Oct 2019 | 12:41 AM IST

Bandhan Bank fined Rs 1 crore for not bringing down promoter stake

The private lender was supposed to bring down the shareholding of its non-operative financial holding company

Bandhan Bank fined Rs 1 crore for not bringing down promoter stake
Updated On : 30 Oct 2019 | 3:09 AM IST

RBI fines Bandhan Bank for not reducing promoter shareholding to 40%

The penalty has been imposed in exercise of powers vested in the RBI under the provisions of the Banking Regulation Act, 1949

RBI fines Bandhan Bank for not reducing promoter shareholding to 40%
Updated On : 29 Oct 2019 | 9:48 PM IST