Gruh Finance

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 to gradually lower its microcredit exposure: CEO Ghosh

When the private lender started operations in August 2016, microcredit constituted 85 per cent of its total loan portfolio

HDFC pre-tax profit rises 219% at Rs 9,143 cr in December quarter

The mortgage lender received fair value gain of Rs 9,020 crore from derecognition of investment in Gruh Finance

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

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

Bandhan Bank, Gruh Finance trade firm ahead of record date for amalgamation

The share swap ratio for the amalgamation was fixed at 568 shares of Bandhan Bank for every 1,000 shares of Gruh Finance.

Bandhan Bank surges 15% ahead of inclusion in MSCI Global Standard Index

One estimate shows the MSCI inclusion could lead to ETF buying of nearly Rs 1,280 crore in Bandhan Bank.

Street signs: Gruh Finance shares, Nifty may consolidate in Sept, and more

The rollback of surcharge hike on FPIs has boosted share prices of a number of Nifty 100 companies

Gruh Finance gains 8% after HDFC sells 9% stake through block deal

HDFC offloaded 64.7 million equity shares representing 8.8 per cent of total equity of GRUH Finance for worth of Rs 1,599 crore at an average price of Rs 247 per share, the NSE data shows.

Bandhan Bank to focus on affordable housing post takeover of Gruh Finance

Lender bets on MSME sector as well, starts co-branded credit card with Stan Chart

Nifty outlook and trading ideas by CapitalVia: Buy Gruh Fin, Bank of Baroda

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Gruh Finance seeks shareholders nod on June 4 for merger with Bandhan Bank

Gruh Finance's parent company HDFC has received RBI approval to hold 9.9 per cent in the merged entity from the earlier proposed 14.9 per cent

Gruh Finance trades ex-bonus today; stock up 3%

The company had announced a 1:1 bonus i.e. one new bonus equity share of Rs 2 each for every one existing equity share of Rs 2 each for its shareholders.

Gruh Finance hits record high ahead of 1:1 bonus issue

The stock hit a record high of Rs 736, up 5% on the BSE in intra-day trade today, will turn ex-bonus in the ratio of 1:1 on Wednesday, June 6, 2018

Gruh Finance gains 6% post Q4 results; 1:1 bonus issue

The stock rallied 6% to Rs 652 on the BSE in intra-day trade after the board recommended the issue of bonus shares in the ratio of 1:1 and dividend of Rs 3.3 per equity share

Gruh Finance's show suggests valuations are sustainable

Almost zero bad loans, strong loan growth and return ratios are key positives

Why Gruh Finance isn't a top pick among analysts anymore?

Firstly, the pace of disbursements slowed in Q2 while net interest margins have seen a gradual compression

Why Gruh Finance is going out of favour

The firm's cautious approach, particularly in loans against property, may keep a check on the pace of disbursement in FY17

Gruh Finance hits record high post Q2 results

The stock trading flat at Rs 357 at 10:14 am, hit a record high of Rs 370, up 4% on the BSE in intra-day trade.