Bandhan bank - Latest News, Analysis, Opinion

Ratan Kumar Kesh will be taking over the position from 31 March 2023, for a period of three years

Bandhan Bank Hikes Interest Rates On Fixed Deposits

The revised FD rates are applicable for retail deposits of up to Rs 2 crore and are effective from today

Bandhan Bank Plans 48 Asset Centres Pan-India

The bank will open more than 550 new branches across the country in this fiscal.

Bandhan Bank Loans And Advances Rise By 22%

Economy

The bank's total deposits grew by 21 percent to INR 99,365 crore at end of September quarter 2022, which is a significant jump from 81,898 crores the previous year

Bandhan Bank Hikes FD Rates Up To 7.70% Without Premature Withdrawals

The bank has changed the FD rates and the new rates have been implemented from September 21

Bandhan Bank Plans On Expanding Outside Eastern India

Chandra Shekhar Ghosh, MD and CEO of Bandhan Bank, said that a major objective of the bank is to expand its distribution as far as possible outside the eastern region of the country by opening 551 new branches in the fiscal year 2022–23

Q1 Results: Bandhan Bank's Net Profit Doubles To Rs 886.5 Cr

Net NPA too declined to 1.92 per cent from 3.29 per cent in the same quarter a year ago

Bandhan Bank To Increase Exposure To Secured Loans, Says MD & CEO

Presently, the bank's exposure to MFI loans, which are unsecured, is 47 per cent, and the share of its advances to the housing segment is at 24 per cent, retail at two per cent and the micro, small and medium enterprises sector at 27 per cent

Bandhan Bank's Net Profit Grew 1747% YoY To Rs 1902.3 Cr In Q4FY22

Capital Adequacy Ratio (CAR), an indication of the stability of the bank is at 20.1, much higher than the regulatory requirement

Bandhan Bank Loan Book Rises 16% In Q4; Crosses Rs 1 Tn-mark

The bank's total loan stood at Rs 1,01,359 crore during Q4 of FY22

RBI Selects In Bandhan Bank As Agency Bank To Conduct Govt Business

The appointment would allow Bandhan Bank to undertake Government business on behalf of the RBI.

Bandhan Bank Reports Net Loss Of Rs 3,008 Crore In July-Sept Quarter

Total income of the bank in July-September 2021-22, however, rose 6 per cent to Rs 2,427 crore, as against Rs 2,289.9 crore in the year-ago period, Bandhan Bank said in a regulatory filing.

Bandhan Bank Q1 Profit Falls 32 % At Rs 373 Cr

Bank's gross non-performing assets (NPAs) spiked to 8.2 per cent of gross advances as of June 30, 2021 from 1.4 per cent by June 2020.

Bandhan Bank Witnesses 8 % Rise In Its Loans, Advances In June Qtr