Page 6 - Bandhan Bank

Foreign portfolio investors to pick up $300-million stake in YES Bank

The FPIs are in advanced talks with an Indian bank to act as a custodian.

Bandhan Bank slips 6% on business update post Cyclone Amphan

The bank said Cyclone Amphan is likely to impact business worth Rs 260 crore.

Bandhan Bank's PBT slips 31% to Rs 693 cr on Covid-19 provisioning

The net interest income (NII) of the bank for the quarter grew by about 34 per cent to Rs 1,680 crore, against Rs 1,258 crore in the corresponding quarter of the previous year

As harvest season starts, credit demand will resume: Bandhan Bank chief

In a Q&A, C S Ghosh, the lender's MD & CEO says he does not foresee major asset quality deterioration once economic activity resumes

Market Ahead, May 12: All You Need To Know Before The Opening Bell

Today, a total of 11 companies, including Nestle, Havells, and Bandhan Bank are scheduled to announce their March quarter results

Differentiated bank holdco norms on cards; Bandhan, IDFC First may benefit

Lenders that do not have subsidiaries in insurance, asset management, and broking may be exempt from having a non-operative financial holding company (NOFHC).

Market Ahead, May 11: Top factors that could guide markets this week

Around 50 companies including the likes of Maruti Suzuki, Nestle, Dr Reddy's Labs, Biocon, and Bandhan Bank are scheduled to announce their March quarter results.

Singapore's Caladium ups stake at Bandhan Bank by 1% via market purchases

It now holds 72 million shares in the lender

80% of financial sector IPOs since four years trade below issue price

The fall, analysts say, has been on concerns that the financial industry has will be the worst hit among sectors, given the disruptions to the country's economic activity caused by Covid-19 outbreak.

Deposits from microbanking customers continue to be strong: Bandhan Bank

The company's collection efficiency pan-India for the period from January 1, 2020 till March 21, 2020 stands at 98.7 per cent

Bandhan Bank's FY20 deposits rise 32%; 60% jump in loans and advances

Loans and advances jumped by 60 per cent to Rs 71,825 crore during 2019-20, from Rs 44,776 crore the year before.

IndusInd Bank, Bandhan Bank among top gainers, shares surge 40%

IndusInd Bank and Bandhan Bank were among the worst-hit in the recent carnage

MFI operations come to halt in lockdown districts; biz severely impacted

Estimates suggest the locked down districts account for close to 50% of microfinance business in India; banks and SFBs could also be impacted

Top stock picks by CapitalVia: Buy Bandhan Bank, Motherson Sumi

Breakout from 240 would lead Bandhan Bank's stock to witness more upward movement

Private lenders' 'act of kindness' to YES Bank irks investors

Peers investing indicates other investors' reluctance; banks must conserve capital first before bailing out the private lender

Investments in YES Bank aimed at providing stability, says SBI chief

SBI Card, the second largest largest credit card issuer in the country, got listed at 13 per cent discount at Rs 658 on the BSE, against the issue price of Rs 755.

Govt notifies YES Bank rescue scheme; moratorium to be lifted on March 18

Three-year lock-in period for investors

Yes Bank crisis: Federal Bank to invest Rs 300 cr for 300 mn shares

The Union Cabinet on Friday approved a reconstruction plan proposed by the RBI for bailing out fund-starved Yes Bank.

Bandhan Bank to invest Rs 300 cr in Yes Bank as part of reconstruction plan

ICICI Bank, HDFC, Axis Bank and Kotak Mahindra Bank too on Friday said they will join the SBI-led consortium and invest in Yes Bank

Bandhan Bank to replace Yes Bank in Nifty50 index from March 27

The replacement has been done on account of non-availability of future and options contracts in Yes Bank shares, NSE Indices said in a statement.