Bandhan Bank shares dip 9% as CEO CS Ghosh resigns
Ghosh to retire from Bandhan Bank at the end of his current tenure as MD & CEO on July 09, 2024; to assume a larger strategic role
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HDFC Bank group gets RBI nod to acquire 9.50% stake in 6 banks
Private bank to acquire 9.50% stake in Axis Bank, Suryoday Small Finance Bank, ICICI Bank, Bandhan Bank, Yes Bank, and IndusInd Bank
Bandhan Bank Q4 profit drops 58% on higher provisions; declares ₹1.5 dividend
The bank's net interest income fell 2.7% YoY to ₹2,471.8 crore in Q4FY23; the non-interest income declined 35.3% YoY to ₹629 crore.
Bandhan Bank shares fall 9% post Q2; here's why
Bandhan Bank made ₹1,280 crore provisions in the September quarter, which was nearly double of the previous quarter but down 77.2% YoY.
The Low-Cost Bandhan
The bank owes its cost efficiency to its past as a microfinance institution. It is looking to build on its strength.
Sensex, Nifty to open lower; TCS, Tata Motors, Cadila, Bandhan Bank, Veranda Learning in focus
The Sensex and Nifty are set to open lower on Monday, following weak cues from Asian peers and negative trading on the SGX Nifty futures.
Bandhan Bank share rebounds 7% from day’s low; here’s why
Shares of Bandhan Bank rallied amid a surge in volume trade as more than 5 crore equity shares of the private sector lender changed hands via block deals.
Mayhem at D-Street: Sensex plunges 1,545 pts, Nifty ends below 17,200; realty, metal stocks nosedive
The BSE Sensex declined more than 2,000 points intraday, while all 30 index heavyweights ended in red.
Sensex, Nifty to open in red; RIL, ICICI, Axis, YES Bank, SBI Cards shares eyed
The BSE Sensex and the NSE Nifty are poised to open lower on Monday as stocks slumped on Wall Street and in Asia, while trends on SGX Nifty also indicated a gap-down opening for domestic bourses.
Bandhan Bank Q3 net profit soars 36% to ₹859 crore
The bank's gross non-performing assets (NPAs) surged to 10.81%.
