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Bandhan Bank
Business  /  Published 07.10.20

Bandhan Bank advances up 20%

Bandhan Bank on Wednesday said it has posted a 20 per cent year-on-year growth in total advances during the second quarter ended September 30, 2020. In a regulatory disclosure to the bourses, the ban...
By A Staff Reporter in Calcutta

Business  /  Published 16.09.20

New Bandhan vertical

Bandhan Bank on Wednesday announced the consolidation of different microlending operations under a new business vertical, called Emerging Entrepreneurs Business (EEB). The introduction of this vertic...
By A Staff Reporter in Calcutta

Business  /  Published 23.08.20

Contrarian view on banks

Chief economic adviser Krishnamurthy Subramanian on Sunday said there should be more banks in operation in the country, which will increase competition and ensure faster transmission of policy rates t...
By A Staff Reporter in Calcutta

Business  /  Published 17.08.20

Bandhan: RBI lifts Ghosh pay freeze

The statement added that RBI vide communication dated August 17, 2020 has lifted the other regulatory restriction of freezing the remuneration of MD and CEO of the Bank. Ghosh had drawn a remuneratio...
By A Staff Reporter in Calcutta

Business  /  Published 04.08.20

Bandhan: stake cut by promoter

Bandhan Bank on Monday said it has complied with the licensing norms of the Reserve Bank of India. The bank’s non-operative financial holding company (NOFHC) — Bandhan Financial Holdings L...
By Pinak Ghosh in Calcutta

Business  /  Published 20.07.20

Bandhan Bank bets on surge in small loans

Bandhan Bank could see a 15-20 per cent growth in advances in this fiscal backed by an uptick in small-ticket microcredit and MSME loan demand, particularly in the rural sector. This is in contrast to...
By Pinak Ghosh in Calcutta

Business  /  Published 16.07.20

Bandhan: net falls 32%

Bandhan Bank on Wednesday reported a 31.59 per cent drop in net profit for the first quarter ended June 30, 2020. A provision of Rs 750 crore during the quarter against a potential impact of Covid-19 ...
By A Staff Reporter in Calcutta

Business  /  Published 05.04.19

Lakshmi Vilas, IBH to merge

Mid-sized private sector lender Lakshmi Vilas Bank (LVB) is merging with Indiabulls Housing Finance (IBH), a move that will give the latter yet another shot to become a bank.The boards of both the ent...
By Our Special Correspondent in Mumbai

Business  /  Published 23.08.19

Bandhan credit card

Bandhan Bank has partnered Standard Chartered Bank to foray into the credit card segment. While the city-based private bank will offer a base of 40 lakh non-microfinance customers, Standard Chartered ...
By A Staff Reporter in Calcutta

Business  /  Published 10.10.18

Bandhan Bank eyes ways to cut promoter stake

Bandhan Bank will explore options for the dilution of promoter’s stake and comply with the licensing conditions of the Reserve Bank of India after the regulator last month restrained the lender from...
By A Staff Reporter in Calcutta


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