Page 12 - Bandhan Bank

Bandhan Bank to IDBI Bank: 5 bank stocks that investors are betting on

With new strategies in place, the coming years could be exciting for Bandhan Bank, IDBI Bank, IDFC First Bank, Federal Bank, and CSB Bank

MARKET WRAP: Sensex up 420 pts as Infosys rallies 10%, Nifty ends at 10,740

All that happened in the markets today

Bandhan Bank's pre-tax profit drops 40% in Q1 on higher provisioning

Pre-tax profit of the bank in Q1FY21 stood at Rs 735 crore

Sensex slips 758 pts from day's high, ends 19 pts up; RIL dips 4% post AGM

Catch all the live market updates here

Bandhan Bank reports 31.6% decline in net profit to Rs 550 cr in Apr-June

A Bandhan Bank statement said it has taken accelerated additional provision on standard assets amounting to Rs 750 crore, due to the Covid-19 pandemic

Bandhan Bank jumps 13% post Q1FY21 biz update; Analysts maintain 'buy'

The Kolkata-headquartered bank saw its deposits growing 35 per cent year-on-year (YoY) to Rs 60,602 crore at the end of Q1FY21, compared to Rs 44,796 crore in Q1FY20.

Financials in focus; Bajaj Finance, M&M Financial, Bandhan Bank up over 5%

MAS Financial, Ujjivan Financial, HUDCO, Cholamandalam Investment, Aditya Birla Money, Geojit Financial, AU SFB, and CreditAccess Grameen were up in the range of 5 per cent to 9 per cent on the BSE.

Pullback on the higher side likely if Nifty holds 10k: Nilesh Jain

The momentum oscillator MACD has provided buy crossover on the Nifty's hourly chart

Foreign portfolio investors to pick up $300-million stake in YES Bank

The FPIs are in advanced talks with an Indian bank to act as a custodian.

Bandhan Bank slips 6% on business update post Cyclone Amphan

The bank said Cyclone Amphan is likely to impact business worth Rs 260 crore.

Bandhan Bank's PBT slips 31% to Rs 693 cr on Covid-19 provisioning

The net interest income (NII) of the bank for the quarter grew by about 34 per cent to Rs 1,680 crore, against Rs 1,258 crore in the corresponding quarter of the previous year

As harvest season starts, credit demand will resume: Bandhan Bank chief

In a Q&A, C S Ghosh, the lender's MD & CEO says he does not foresee major asset quality deterioration once economic activity resumes

Market Ahead, May 12: All You Need To Know Before The Opening Bell

Today, a total of 11 companies, including Nestle, Havells, and Bandhan Bank are scheduled to announce their March quarter results

Differentiated bank holdco norms on cards; Bandhan, IDFC First may benefit

Lenders that do not have subsidiaries in insurance, asset management, and broking may be exempt from having a non-operative financial holding company (NOFHC).

Market Ahead, May 11: Top factors that could guide markets this week

Around 50 companies including the likes of Maruti Suzuki, Nestle, Dr Reddy's Labs, Biocon, and Bandhan Bank are scheduled to announce their March quarter results.

Singapore's Caladium ups stake at Bandhan Bank by 1% via market purchases

It now holds 72 million shares in the lender

80% of financial sector IPOs since four years trade below issue price

The fall, analysts say, has been on concerns that the financial industry has will be the worst hit among sectors, given the disruptions to the country's economic activity caused by Covid-19 outbreak.

Deposits from microbanking customers continue to be strong: Bandhan Bank

The company's collection efficiency pan-India for the period from January 1, 2020 till March 21, 2020 stands at 98.7 per cent

Bandhan Bank's FY20 deposits rise 32%; 60% jump in loans and advances

Loans and advances jumped by 60 per cent to Rs 71,825 crore during 2019-20, from Rs 44,776 crore the year before.

IndusInd Bank, Bandhan Bank among top gainers, shares surge 40%

IndusInd Bank and Bandhan Bank were among the worst-hit in the recent carnage