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Tag "bandhan bank"

Six pvt banks join SBI to rescue Yes Bank; Federal Bank commits Rs 300 cr

Six pvt banks join SBI to rescue Yes Bank; Federal Bank commits Rs 300 cr

🕔09:40, 15.Mar 2020

Mumbai, March 14 As the government on Saturday notified the reconstruction scheme for Yes Bank, major private banks have come out with investment commitments for the crisis-hit bank. Federal Bank on Saturday announced that it would invest Rs 300 crore

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RBI lifts curbs, allows Bandhan Bank to open new branch

RBI lifts curbs, allows Bandhan Bank to open new branch

🕔11:42, 26.Feb 2020

Mumbai, Feb 25 Bandhan Bank on Tuesday said that the Reserve Bank of India has lifted the regulatory restrictions on the bank against opening a new branch considering the “efforts made by the bank to comply with the said licencing

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RBI lifts curbs, allows Bandhan Bank to open new branch

RBI lifts curbs, allows Bandhan Bank to open new branch

🕔09:19, 26.Feb 2020

Mumbai, Feb 26  Bandhan Bank on Tuesday said that the Reserve Bank of India has lifted the regulatory restrictions on the bank against opening a new branch considering the “efforts made by the bank to comply with the said licencing

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RBI slaps Rs 1 cr penalty on Bandhan Bank

RBI slaps Rs 1 cr penalty on Bandhan Bank

🕔07:00, 30.Oct 2019

New Delhi, Oct 30  The Reserve Bank of India (RBI) on Tuesday imposed Rs 1 crore penalty on Bandhan Bank for non-compliance with promoter holding norms, contained in the licencing guidelines. Under the guidelines, the bank was required to bring

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Bandhan Bank slashes microloan interest rate by 70 bps

Bandhan Bank slashes microloan interest rate by 70 bps

🕔06:52, 18.Jun 2019

Kolkata, June 18  Bandhan Bank on Monday said it would reduce its microloan interest rate by 70 basis points (bps) to 17.95 per cent, which would be applicable to new disbursements from June 18. “This reduction would bring down the

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Bandhan Bank Q3 net profit up 10.3%

Bandhan Bank Q3 net profit up 10.3%

🕔10:29, 11.Jan 2019

Mumbai, Jan 11  Bandhan Bank on Thursday reported a 10.3 per cent increase in its net profit for the third quarter (Q3) of 2018-19. Its net profit during the quarter under review rose to Rs 331 crore from Rs 300 crore

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GRUH Finance to merge with Bandhan Bank

GRUH Finance to merge with Bandhan Bank

🕔11:20, 8.Jan 2019

Mumbai, Jan 8  Bandhan Bank on Monday said its board of directors has approved merger of GRUH Finance Limited into the lender. The merger would help the Kolkata-headquartered lender to achieve product and geographic diversification while improving penetration in its

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Bandhan Bank expects long term benefits from GST

Bandhan Bank expects long term benefits from GST

🕔10:56, 30.Jun 2017

Kolkata, June 29 (IANS) Kolkata-based private lender Bandhan Bank, which mostly lends to small and micro enterprises, is hoping to gain from the implementation of the Goods and Services Tax (GST), a top official said on Thursday. Small business units including

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Bandhan Bank begins operations with Rs.2,570 crore capital base

Bandhan Bank begins operations with Rs.2,570 crore capital base

🕔10:46, 24.Aug 2015

Kolkata, Aug 24  City-headquartered Bandhan Bank on Sunday became the first universal private bank in eastern India to begin its journey post independence with 1.43 crore accounts in place and a loan book of Rs.10,500 crore backed by capital of

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