Bandhan Bank share price Today Live Updates : Bandhan Bank shares plunge on stock market

Bandhan Bank Share Price Today : On the last day, Bandhan Bank opened at ₹227.5 and closed at ₹225.7. The highest price it reached during the day was ₹232.5, while the lowest price was ₹227. The market capitalization of the bank is ₹36,865.86 crore. In the past 52 weeks, the highest price it reached was ₹272, and the lowest price was ₹182.2. The trading volume on the BSE for Bandhan Bank was 1,079,586 shares.Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

05 Feb 2024, 12:52 PM IST
Bandhan Bank Live Updates


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Source: https://www.livemint.com/market/live-blog/bandhan-bank-share-price-live-blog-for-05-feb-2024/amp-11707100713490.html

Bandhan Bank appoints Santosh Nair as Head – Consumer Lending & Mortgages | Indiablooms

Kolkata: Bandhan Bank appointed Santosh Nair as Head – Consumer Lending & Mortgages, a press release said. “Santosh will drive the strengthening of the housing finance portfolio and also the retail lending franchise and distribution of the Bank,” the press release said on Thursday. Prior to Bandhan Bank, Santosh was the CEO of HDFC Sales Private Limited. A highly accomplished professional with over three decades of experience, of which two were at HDFC and HDFC Bank, Santosh brings with him proven expertise especially in sales & distribution, P&L management and operations. In his earlier roles, he led various lines of businesses including housing, credit cards, personal loan, auto…
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Source: https://www.indiablooms.com/finance-details/19889/bandhan-bank-appoints-santosh-nair-as-head-consumer-lending-mortgages.html

Santosh Nair appointed as Head of Consumer Lending and Mortgages at Bandhan Bank

ATTENTION INVESTORS Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day.” – Issued in the interest of investors.KYC is one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another…
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Source: https://www.indiainfoline.com/article/news-top-story/santosh-nair-appointed-as-head-of-consumer-lending-and-mortgages-at-bandhan-bank-1706849595424_1.html

Bandhan Bank appoints Santosh Nair as head – consumer lending & mortgages – The Financial Express

Bandhan Bank appoints Santosh Nair as head – consumer lending & mortgages  The Financial Express
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Source: https://www.financialexpress.com/business/banking-finance-bandhan-bank-appoints-santosh-nair-as-head-consumer-lending-mortgages-3382461/R
https://www.financialexpress.com/business/banking-finance-bandhan-bank-appoints-santosh-nair-as-head-consumer-lending-mortgages-3382461/lite/

Why Bandhan Banks Rs 23,300-Crore Credit Guarantee Portfolio Is Under Audit — Exclusive

A possible reason for the rise in NPAs post-Q4 FY23 could be the way banks disclosed CGFMU and ECLGS in their books.In its Q1 FY24 analyst call, the management explained that since CGFMU was in the nature of insurance, it used to mark it as an NPA whenever the customer crossed 90 days past due. However, loans under ECLGS were not as government-guaranteed, and there was no payment of premiums.But things changed after the RBI released revised norms for Income Recognition, Asset Classification and Provisioning pertaining to advances.According to these rules, all loans granted under the NCGTC and Credit Guarantee Fund Trust for micro and small enterprises must be treated as NPA and banks are…
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Source: https://www.ndtvprofit.com/amp/business/why-bandhan-banks-rs-23300-crore-credit-guarantee-portfolio-is-under-audit

Bandhan Fin: Irdai gives nod for Bandhan Fin’s takeover of Aegon Life

Kolkata: Bandhan Financial Holdings is getting ready to take control of Aegon Life Insurance. The holding company of Bandhan Bank has received the final approval on the acquisition from the Insurance Regulatory & Development Authority (Irdai) earlier this week, two people familiar with the matter told ET.With this, all regulatory approvals for the proposed acquisition are in place. Bandhan received the Reserve Bank of India’s go-ahead four weeks ago. “We expect the change of control to take effect in the coming weeks from Aegon and Bennett, Coleman & Co. (BCCL) to the Bandhan Group,” Karni Singh Arha, MD, Bandhan Financial Holdings, told ET. Aegon Life is a joint venture between Aegon NV…
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Source: https://m.economictimes.com/markets/stocks/news/irdai-gives-nod-for-bandhan-fins-takeover-of-aegon-life/amp_articleshow/107374918.cms

Nifty Bank tests 50-DMA; 45,000 likely to act as support next week – The Economic Times

Nifty Bank tests 50-DMA; 45,000 likely to act as support next week  The Economic Times
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Source: https://m.economictimes.com/markets/options/nifty-bank-tests-50-dma-45000-likely-to-act-as-support-next-week/articleshow/107364801.cmsR
https://m.economictimes.com/markets/options/nifty-bank-tests-50-dma-45000-likely-to-act-as-support-next-week/amp_articleshow/107364801.cms

Elets 8th BFSI CXO Masterclass 2024

As we move into 2024, the BFSI industry is experiencing a significant shift towards the use of
ever-evolving automation and AI to enable user-friendly banking applications providing seamless
digital banking experiences. The outlook for digital banking seems promising and technologically
advancing, due to the ongoing impact of Digital Banking Unit (DBU) and the exciting prospects of
integrating the metaverse with its vast potential. The 8th Edition of the BFSI CXO Masterclass (Formerly known as BFSI CTO

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Source: https://events.eletsonline.com/cxo/

Bandhan Bank share price Today Live Updates : Bandhan Bank sees bullish trading today

Bandhan Bank Share Price Today : On the last day, Bandhan Bank opened at ₹227.5 and closed at ₹225.7. The stock reached a high of ₹231.5 and a low of ₹227 during the day. The market capitalization of the bank is ₹37,188.05 crore. The 52-week high for the stock is ₹272, while the 52-week low is ₹182.2. The BSE volume for the day was 465,767 shares.Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

02 Feb 2024, 12:48 PM IST
Bandhan Bank February futures opened at 228.3 as against previous close of 227.25
Bandhan Bank is currently trading at a spot price…
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Source: https://www.livemint.com/market/live-blog/bandhan-bank-share-price-live-blog-for-02-feb-2024/amp-11706851839213.html