At 09:15 am; 50.14 million equity shares representing 3.11 per cent of total equity of Bandhan Bank changed hands on the BSE, the exchange data shows.
The market-share drop is temporary in nature; it is a reflection of the interest rate, equity market, and the overall business environment
The stock of Zee Entertainment needs to firmly overcome the hurdle of Rs 298.60 levels to see fresh upside
Singapore's sovereign wealth fund GIC, private equity player ChrysCapital are partners of the consortium
The bank's total loan stood at Rs 1,01,359 crore during Q4 of FY22
The overall collection efficiency ratio (CER) of private lender Bandhan Bank stood at 96% at the end of FY 2021-22, against 93% in the preceding third quarter, the bank said in a statement on Tuesday
The union budget for 2022-23 seeks to support the recent economic growth momentum and help it sustain over the long-term, MD&CEO of Bandhan Bank Chandra Sekhar Ghosh said on Tuesday. He said the substantial rise in planned capital expenditure for creation of infrastructure, focus on affordable housing and development of the MSMEs and the farm economy will prepare India for the next phase of growth. The extension in timeline and increased outlay towards emergency credit line guarantee scheme and additional infusion of funds in the credit guarantee trust for micro and small enterprises will provide relief to the sector, Ghosh said. The significant additional allocation towards PM Awas Yojana will boost demand for affordable housing and also for housing finance, he added. MD&CEO of Indian Bank Shanti Lal Jain called the union budget a growth oriented budget against the backdrop of the pandemic. Focus on clean energy, infrastructure, agriculture, MSME, education, digital economy,
Follow-up buying in some of these stocks can see them move up in the sessions ahead. However, investors need to be mindful of the overall market volatility besides the technical setup
Net Interest Income for the quarter grew by 2.6% to Rs 2,124.7 cr
Loans and advances grew 11 per cent y-o-y to Rs 89,213 crore as on December 31
A Death Cross, Descending triangle and a breach of significant levels reflect downside up to 16% for these banking shares
Nifty Bank was trading lower for the sixth straight day, having fallen 8 per cent during the period
Tata Motors on Wednesday said it has tied up with Bandhan Bank for retail finance for its range of passenger vehicles. As part of the tie-up, Bandhan Bank will provide loans to Tata Motors' customers at an interest rate starting from as low as 7.5 per cent, the automaker said in a statement. The scheme will offer a maximum of 90 per cent financing on the total on-road cost of the vehicle, it added. Customers can also enjoy a benefit of special EMI options with a repayment tenor of up to seven years and the bank has also designed certain exclusive features like zero charges on foreclosure and part payment, Tata Motors said. "This partnership is a part of our #FinancEasy Festival, wherein we are collaborating with multiple finance partners across India to make ownership of cars accessible, as well as a hassle-free process for the customers and thereby adding to the celebrations of this festive season," Tata Motors Passenger Vehicle Business Unit Vice President (Sales, Marketing & ...
The stock of Bandhan Bank has been underperforming the banking index and is still struggling below the resistance zone of moving averages
Expect PNB, Bandhan Bank and other banks to trade with a negative bias below 200-DMA
Even after seven years of operations, Bandhan's concentration on micro loans remains high
Stress in small business loans triggers action
The RBI's decision will help Bandhan Bank in contributing to nation-building, its MD and CEO Chandra Sekhar Ghosh said
A reversal in stress in microfinance and housing loan segments is crucial to improve sentiment
The bank reported a loss net of Rs 3,009 crore in Q2FY22 on huge provisions of over Rs 4,600 crore for the bad loans and restructured advances