Bandhan Bank
Business  /  Published 08.04.22

Bandhan in expansion mode

Bandhan is gearing up for a bigger play in the financial services sector having expanded from micro lending to banking, followed by a foray into housing finance with the acquisition of Gruh and the cu...
By A Staff Reporter in Calcutta

Business  /  Published 07.04.22

Bandhan buys IDFC AMC

A consortium of Bandhan Financial Holdings, GIC and ChrysCapital will acquire IDFC Asset Management Company for Rs 4,500 crore in one of the largest deals in the country’s asset management space...
By Our Bureau in Calcutta

Business  /  Published 24.01.22

Bandhan stops slide

Bandhan Bank expects a reduction in stressed assets over the next two quarters with borrowers regularising payments along with improving collection efficiency and credit demand. The bank’s gros...
By A Staff Reporter in Calcutta

Business  /  Published 01.11.21

Bandhan Bank loan rejig

Bandhan Bank is on track to bring down the share of group microfinance loans in its portfolio to 50 per cent by March. This decision is part of the lender’s strategy to diversify its asset mix a...
By Pinak Ghosh in Calcutta

Business  /  Published 30.10.21

Vedanta profit leaps to Rs 4615 crore

Vedanta’s consolidated net profit jumped to Rs 4,615 crore for the quarter ended September 30, 2021 from Rs 838 crore in the year-ago period. Consolidated income during July-September 2021 incr...
By Our Bureau in Calcutta, New Delhi


Business  /  Published 31.07.21

Sun Pharma net at Rs 1444cr

Drug major Sun Pharmaceutical Industries on Friday reported a consolidated net profit of Rs 1,444.17 crore for the June 2021 quarter, mainly on account of robust sales across markets. The company had ...
By Our Bureau in Calcutta, Mumbai

Business  /  Published 22.06.21

Assam prop for Bandhan

The Bandhan Bank scrip surged on the bourses on Monday on the back of an announcement by the Assam government last Friday to offer a relief package to bail out small-loan borrowers in the northeastern...
By A Staff Reporter in Calcutta

Business  /  Published 10.05.21

Bandhan takes hit on margins

Bandhan has increased its share of emerging entrepreneurs business — it is involved in micro-lending —  from states other than Bengal and Assam. There has been a reduction in the por...
By A Staff Reporter in Calcutta

Business  /  Published 09.05.21

NPAs hit Bandhan profits

Kerala-based CSB Bank has reported a net profit of Rs 42.89 crore for the March 2021 quarter against a loss of Rs 59.68 crore in the year-ago period, largely helped by a write-back of standard asset p...
By A Staff Reporter in Calcutta

Business  /  Published 28.04.21

Tenure cap to affect more bank chiefs

Uday Kotak may not be the only private bank chief who will be forced to step down when his current tenure ends in December 2023. There are question marks over Vishwavir Ahuja, who leads RBL Bank, Shya...
By Our Special Correspondent in Mumbai


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