Bandhan bank

Bandhan bank News

Bandhan Bank net up 67.8% to Rs 651 crore on doubling of fee income

The microlender-turned-commercial bank had reported a net profit of Rs 388 crore in Q4FY18.

Mortgage firm Gruh Finance to merge with Bandhan Bank

The share exchange ratio agreed by both boards is 568 equity shares of face value of Rs 10 each of Bandhan Bank to be issued for every 1,000 equity shares of Rs 2 face value each of Gruh.

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Bandhan Bank net profit increases 47 per cent on interest income

NII is the difference between interest earned and interest paid by the bank. Net interest margin (NIM) also rose to 10.3 per cent from 9.6 per cent at the end of June. The bank’s provisions rose 43 per cent y-o-y to Rs 124 crore.

Bandhan Bank: RBI curbs not to impact business growth

CFO Sunil Samdani said the lender did not foresee any challenges in its regular business growth despite restrictions on opening new branches.

Bandhan Bank share price soars in trading debut after $691 mn IPO

Bandhan Bank reported a net profit of Rs 1,111.9 crore in FY17 and a net profit of Rs 657.6 crore for the six months ended September 2017.

Bandhan Bank IPO next week

Bandhan Bank has set a final price band of Rs 370 to Rs 375 per share for its initial public offer (IPO). The Kolkata-based lender plans to sell up to 11.9 crore shares, and when calculated at the upper price of the band, the offer could garner Rs 4,473 crore. Bandhan Bank’s IPO will be […]

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Bandhan Bank to float initial public offering soon, aims to raise Rs 2,500 crore

The Kolkata-headquartered bank plans to issue 11.92 crore shares. This includes a fresh issue of 9.76 crore shares and an offer for sale of 2.16 crore shares.

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