Business Standard

Bandhan Bank Gruh Finance Merger

Bandhan Bank's holding co pares stake to 40% to comply with licensing norms

In terms of the guidelines of the licensing of new private lenders issued by RBI, BFHL was required to bring its excess shareholding to 40% of the paid-up voting capital of the bank

Bandhan Bank's holding co pares stake to 40% to comply with licensing norms
Updated On : 03 Aug 2020 | 7:50 PM IST

HDFC Ltd-promoted Gruh Finance merges with Kolkata-based Bandhan Bank

Bandhan Bank announced the opening of 106 additional home loan distribution points

HDFC Ltd-promoted Gruh Finance merges with Kolkata-based Bandhan Bank
Updated On : 24 Oct 2019 | 2:16 PM IST

Bandhan Bank soars 20% on reports of inclusion in MSCI Index

Last week, Kolkata and Ahmedabad benches of National Company Law Tribunal (NCLT) approved the merger of Gruh Finance and Bandhan Bank

Bandhan Bank soars 20% on reports of inclusion in MSCI Index
Updated On : 11 Oct 2019 | 12:22 PM IST

Bandhan Bank: A bottom fishing opportunity for long-term investors

Currently the stock is trading 18 per cent lower than its average one-year forward valuation, while return ratios are likely to remain strong

Bandhan Bank: A bottom fishing opportunity for long-term investors
Updated On : 16 Sep 2019 | 11:27 PM IST

Bandhan Bank slips 4% post Q1 nos; PAT up 45% to Rs 701 cr, NII grows 37%

Gross NPAs as on June 30, 2019 stood at 2.02 per cent against 2.04 per cent as on March 31, 2019 while Net NPAs stood at 0.56 per cent against 0.58 per cent in the previous quarter.

Bandhan Bank slips 4% post Q1 nos; PAT up 45% to Rs 701 cr, NII grows 37%
Updated On : 19 Jul 2019 | 2:17 PM IST

What does the merger signal for Bandhan Bank and Gruh Fin on tech chart?

Bandhan Bank on Monday agreed to acquire housing finance firm Gruh Finance through a share swap deal

What does the merger signal for Bandhan Bank and Gruh Fin on tech chart?
Updated On : 08 Jan 2019 | 12:48 PM IST