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
Brokerages have lately turned optimistic though Q4 results hold key for sentiments to improve
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
At current juncture, Bandhan Bank's stock is hovering just above the clusters of moving averages on daily chart
Most global stocks dropped, with investors pruning their bullish bets as rising Covid-19 cases sparked concerns about corporate earnings and economic revival
Dependence on microfinance loans for growth is steadily increasing, which poses a risk in present environment
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
Dependence on microfinance loans for growth is steadily increasing, which poses a risk in present environment
The lender has made provisioning to the tune of Rs 1,068 crore in Q3FY21, of which Rs 1,000 crore is covid-related
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
Both the banks have relied on inorganic options for growth and diversification
Betting on pure-play MFI players such as CreditAccess Grameen and Spandana Sphoothy may be safer compered to MFI-oriented banks
Rehauling of business strategy is presently underway; set to approach the RBI for banking license once final guidelines is released
Despite the rise in repayments, the ongoing coronavirus pandemic could slow Bandhan's loan growth to 20% this year
Larsen & Toubro won the Company of the Year award and Wipro founder Azim Premji won the Lifetime Achievement award
Asset quality of the lender has improved both sequentially and year-on-year.
Bandhan Bank on Monday reported 5 per cent decline in September quarter net profit at Rs 920 crore on a spike in provisions made for possible loan losses due to the Covid-19 pandemic
All that happened in the markets today
BankNifty index has broken out from the "Flag" pattern on the daily chart, which indicates a fresh momentum buying the Banking stocks