Tag Archives: Bandhan Bank

Bandhan Bank flourishes despite economic slowdown

Reported by | Updated: April 13, 2020

Chandra Shekhar Ghosh, MD & CEO, Bandhan Bank, explains how the bank achieved growth in the midst of economic slowdown and NBFC crisis Bandhan Bank offers world class banking products and services to its urban, semi urban and rural customers alike. Though it is a bank for all, its focus remains unchanged – meeting the […]

Bandhan Bank, StanChart to offer co-branded card

Reported by | Updated: August 26, 2019

Bandhan Bank and Standard Chartered Bank have joined hands to launch a co-branded credit card in India. The credit card would be offered to 40 lakh savings bank account holders of the bank across the country. While Standard Chartered Bank will take the credit risk, Bandhan Bank will be responsible for identifying and issuing cards […]

Bandhan Bank appoints Sanjeev Naryani as head, Business

Reported by | Updated: July 24, 2019

Bandhan Bank has appointed Sanjeev Naryani as head, Business. The bank said Naryani has been engaged with the aim of strengthening the bank’s senior management. He will report to Chandra Sekhar Ghosh, MD and CEO of the bank and will take care of branch banking, wholesale banking, agri business, retail lending, third-party products and digital […]

Bandhan Bank to give up corporate portfolio

Reported by | Updated: July 1, 2019

Bandhan Bank has decided to focus on micro loan in the short term and give up large corporate loans. The decision follows the bank having impacted by the IL&FS crisis as it had advanced substantial funds to the beleaguered firm. Chandra Shekhar Ghosh, MD and CEO of the bank, said at the bank’s annual general […]

Common Sense Security measures for banks

Reported by | Updated: December 3, 2018

Three CISOs have diverse views. Vivek Gupta, CISO at Allahabad Bank, feels uses of dual authentication in internal environment without exceptions, use of remote access of sensitive servers from less secured and controlled environment, use of emails or USBs in privileged systems, common user set in help desk/ service support systems which run in shifts, […]

Bandhan Bank out of plan to acquire PNB Housing Finance

Reported by | Updated: September 14, 2018

Bandhan Bank is withdrawing from the move to acquire PNB Housing Finance. The bank, with a notable microfinance portfolio, was keen to acquire the Punjab National Bank-promoted housing finance company as it would have allowed it to diversify its portfolio. The bank backed out at the last moment and did not submit the non-binding offer, […]

Bandhan Bank vying for PNB Housing Finance

Reported by | Updated: August 27, 2018

Bandhan Bank is bidding for PNB Housing Finance. Punjab National Bank and Carlyle Group together own 66% in the housing finance company, which is facing a debt crisis at the moment. Bandhan Bank is expected to evaluate a bid either on its own or be part of a larger consortium. There are other bidders for […]

Bandhan Bank among top 50 most valuable entities

Reported by | Updated: April 16, 2018

Bandhan Bank has become one of the top 50 most valuable publicly traded institutions in India. The market capitalization of the bank touched Rs 64,000 crore, which is the 50th rank. Tata Consultancy Services is the most valuable company in India, followed by Reliance Industries and HDFC Bank. Bandhan Bank had raised Rs 4500 crore […]

H.R. Khan joins Bandhan Bank board

Reported by | Updated: April 12, 2018

Former deputy governor of the RBI Harun Rashid Khan is a new director on the board of Bandhan Bank. Khan had been heading the department handling payments systems at the RBI for a long period of time. In his career at the RBI, he had had handled a diverse portfolio including financial market, foreign exchange […]

Bandhan Bank makes strong debut in bourses

Reported by | Updated: March 30, 2018

Bandhan Bank, which completed a successful IPO, saw its shares rose to Rs. 498.40 on its trading debut before closing at Rs 477.20, with a substantial gain of 102.20 points or 27.25% on the Bombay Stock Exchange. The bank had raised Rs 4,475 crore in the IPO, described as the biggest in the Indian banking […]

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