Bandhan Bank Ltd Share Price

Description

• Bandhan Bank Limited is engaged in the banking sector. The company has its market capitalization worth INR 51,949.88 crore as of 16th April 2021. The company was incorporated in 2001. The company has reported quarterly revenue of INR 3,307.84 crore at the end of December 2020. This company is listed on the Bombay Stock Exchange (BSE), having the code 541153 and on the National Stock Exchange (NSE) with the symbol BANDHANBNK. Bandhan Bank is headquartered in Kolkata and a subsidiary of Bandhan Financial Holdings Limited (100%). It started microfinance operations for low-income groups. It is an Indian private bank and financial services company that serves all socio-economic sections of India. Bandhan Bank Limited is a provider of Commercial Banking services in India. The operations are carried out through retail banking, treasury, wholesale/ corporate banking and other banking business. The company is an investor in sovereign securities, offers card services, liability products and internet banking services. It has 1018 branches, 195 home loan centres, 3346 banking units and 485 ATMs as of 31st March 2021. Within five years of its operations, the CASA (current account and savings account) deposits increased to INR 21,028 crore. The micro banking segment has also grown over the years to 10 different categories to better cater to the customers' requirements. In 2019, the bank acquired a stake in HDFC Limited in GRUH Finance, one of the most affordable housing finance companies. The bank also offers funds under the SEL (small enterprises loan) scheme. It actively leveraged technology during the pandemic induced lockdown and enabled a significant portion of workers to match the quality of work from home. The bank began diversifying more in 2020 to stay smooth in the Indian market. It received an investment of $1.4 billion from the investors intending to maintain a return of 4% on the assets. It also planned on focusing the lending to less risky-sector such as gold and home and car loans. Bandhan bank quarter three results showed a fall in the profit by 14%, while the S&P Bankex splurged 13.55% during the same time. The bank has been trading very cautiously in Assam, where the collection efficiency has declined down to 78% in January 2021.

• Bandhan Bank Limited is engaged in the banking sector. The company has its market capitalization worth INR 51,949.88 crore as of 16th April 2021. The company was incorporated in 2001. The company has reported quarterly revenue of INR 3,307.84 crore at the end of December 2020. This company is listed on the Bombay Stock Exchange (BSE), having the code 541153 and on the National Stock Exchange (NSE) with the symbol BANDHANBNK. Bandhan Bank is headquartered in Kolkata and a subsidiary of Bandhan Financial Holdings Limited (100%). It started microfinance operations for low-income groups. It is an Indian private bank and financial services company that serves all socio-economic sections of India. Bandhan Bank Limited is a provider of Commercial Banking services in India. The operations are carried out through retail banking, treasury, wholesale/ corporate banking and other banking business. The company is an investor in sovereign securities, offers card services, liability products and internet banking services. It has 1018 branches, 195 home loan centres, 3346 banking units and 485 ATMs as of 31st March 2021. Within five years of its operations, the CASA (current account and savings account) deposits increased to INR 21,028 crore. The micro banking segment has also grown over the years to 10 different categories to better cater to the customers' requirements. In 2019, the bank acquired a stake in HDFC Limited in GRUH Finance, one of the most affordable housing finance companies. The bank also offers funds under the SEL (small enterprises loan) scheme. It actively leveraged technology during the pandemic induced lockdown and enabled a significant portion of workers to match the quality of work from home. The bank began diversifying more in 2020 to stay smooth in the Indian market. It received an investment of $1.4 billion from the investors intending to maintain a return of 4% on the assets. It also planned on focusing the lending to less risky-sector such as gold and home and car loans. Bandhan bank quarter three results showed a fall in the profit by 14%, while the S&P Bankex splurged 13.55% during the same time. The bank has been trading very cautiously in Assam, where the collection efficiency has declined down to 78% in January 2021.