Bandhan Bank Sells Stressed Loans to ARC for Rs 801 Crore
Bandhan Bank announced on December 30 the sale of its stressed loans worth Rs 8,897 crore to Asset Reconstruction Corporation (ARC) for Rs 801 crore....
Tag : Bandhan Bank
Bandhan Bank Shares Close at 52-Week Low, Underperforms Most Peers
Shares of Bandhan Bank closed at a 52-week low on Friday before recovering slightly from the day’s lows.The stock is down nearly 40% from a...
Bandhan Bank Slides 10% to Hit Lowest Level in Q2FY23
In Monday’s intra-day trade, shares of Bandhan Bank slid 10% and hit a 10-month low of Rs 244.55 per share after the private sector lender...
Bandhan Bank Reports Turnaround Q2 Earnings
The private lender Bandhan Bank reported a net profit of Rs 209.27 crore in the second quarter of FY23 compared to a net loss of...
Bandhan Bank Plans to Raise Secured Part of Loan Book to 70% in 3 Years
Bandhan Bank plans to increase the secured proportion of its total loan book to nearly 70% by 2025 from the current 39%, as the bank...
Bandhan Bank Disappoints Dalal Street on Weak Business Growth in Q2FY23
Shares of Bandhan Bank fell 3.2% intraday on October 10 after the private lender reported weak payment trends in the second quarter of FY23. The...
Bandhan Bank Doubles Q1 Net Profit to Rs 887 Crore on Lower Bad Loans
On Friday, Bandhan Bank said its net profit doubled to Rs 886.5 crore in the June quarter between April-June 2022 and April-June 2023 on lower...
Bandhan Bank Surges 8% On Improved Asset Quality in March Quarter
Asset quality improved in the March quarter (Q4FY22), gross non-performing assets (NPA) and net NPA ratio fell 435 bps, Bandhan Bank shares rose 8 per...
Midcap, Smallcap Stocks Top Mutual Funds Bet on in March
Inflows (ex- new fund offers or NFOs) into equity funds continued to rise and came to a record high at Rs 20,300 crore in March...
Bandhan Bank Hits 6-Month High
Shares of Bandhan Bank hit a six-month high of Rs 335 in an otherwise weak market, up 4 per cent on the BSE in Tuesday’s...