Business Standard

Gruh Finance Bandhan Bank Merger

Bandhan Bank's Q2 results show positive impact of diversification

Net interest margin has started to come off from the 10 per cent plus mark as proportion of lower-yield mortgages rise

Bandhan Bank's Q2 results show positive impact of diversification
Updated On : 24 Oct 2019 | 9:52 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

Gruh Finance hits 14-month low; tanks 24% in three trading days

The stock down 5% to Rs 243, trading at its lowest level since November 10, 2017, after Bandhan Bank on January 7, 2019 announced amalgamation of Gruh Finance with the bank through a share swap ratio.

Gruh Finance hits 14-month low; tanks 24% in three trading days
Updated On : 09 Jan 2019 | 1:12 PM IST

Gruh Finance tumbles 14% on unfavourable share swap ratio

According to the share swap ratio, for every 1,000 shares of Gruh Finance shareholders will get 568 shares of Bandhan Bank.

Gruh Finance tumbles 14% on unfavourable share swap ratio
Updated On : 08 Jan 2019 | 10:20 AM IST

With 7% discount deal, Gruh-Bandhan Bank merger a growth key for the NBFC

Loan growth and profitability have been, of late, put to test

With 7% discount deal, Gruh-Bandhan Bank merger a growth key for the NBFC
Updated On : 07 Jan 2019 | 11:43 PM IST