April 13, 2020 2:44 pm
On microbanking business, Bandhan Bank said its collection efficiency pan-India for the period from January 1, 2020, till March 21, 2020, stands at nearly 98.7 per cent.
March 15, 2020 7:36 am
According to the scheme approved by the government, the office of the Administrator of the reconstructed bank, appointed by the RBI, “will stand vacated immediately after seven calendar days from the date of cessation of moratorium”.
February 26, 2020 12:08 pm
The Reserve Bank of India (RBI) on Tuesday allowed Bandhan Bank to expand its branch network after considering the efforts made by the private lender to comply with the licensing conditions.
January 15, 2020 4:53 am
The jump comes on the back of a 62 per cent year-on-year (y-o-y) rise in total income to Rs 3,075 crore as the benefits of the bank’s acquisition of Gruh Finance came into play.
May 03, 2019 3:15 am
The microlender-turned-commercial bank had reported a net profit of Rs 388 crore in Q4FY18.
January 08, 2019 12:49 am
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.
October 11, 2018 1:30 am
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.
September 30, 2018 1:41 am
CFO Sunil Samdani said the lender did not foresee any challenges in its regular business growth despite restrictions on opening new branches.
March 27, 2018 2:13 pm
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.
March 09, 2018 1:51 am