Mumbai, May 8 Bandhan Bank on Saturday reported an 80 per cent decline in its net profit for the quarter ended March at Rs 103.03 crore. During the same period of the FY20, the bank had reported a net profit
Mumbai, Aug 4 Bandhan Financial Holdings Limited has lowered its stake in Bandhan Bank by 20.95 per cent through a block deal to meet the Reserve Bank of India’s (RBI) licensing norms for new private sector banks. Post the deal,
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
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
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
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
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
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
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
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
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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