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Bandhan Bank Ltd Performance

Today's Low
180.65
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Today's High
183.70
52 Wk Low
170.30
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52 Wk High
272.00


Open

181.45

Traded Value (Cr)

31.53 Cr

Prev. Close

180.3

VWAP

180.36

Volume

1,14,33,990

Face Value

10

Bandhan Bank Ltd Financials

Bandhan Bank Ltd Financials

Bandhan Bank Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 39.98 % 39.98 % 39.98 % 39.99 %
FII 31.19 % 34.74 % 32.77 % 33.53 %
Retail 13.88 % 8.12 % 7.73 % 6.97 %
Mutual Funds 8.06 % 9.63 % 8.49 % 7.49 %
Others 6.88 % 7.53 % 11.02 % 12.03 %

Promoters

39.98%

FII

31.19%

Retail

13.88%

Mutual Funds

8.06%

Others

6.88%

Promoters

39.98%

FII

34.74%

Retail

8.12%

Mutual Funds

9.63%

Others

7.53%

Promoters

39.98%

FII

32.77%

Retail

7.73%

Mutual Funds

8.49%

Others

11.02%

Promoters

39.99%

FII

33.53%

Retail

6.97%

Mutual Funds

7.49%

Others

12.03%

Resistance and Support

₹183.10

PIVOT

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Resistance
First Resistance₹185.600
Second Resistance₹190.050
Third Resistance₹192.550
support-arrow
Support
First Resistance₹178.650
Second Resistance₹176.150
Third Resistance₹171.700
RSI60.804
MACD0.963
ADX7.941
CCI-38.189

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day11,433,9904,357,32238.11
Week10,082,8174,101,50040.45
1 Month13,632,4777,260,06950.84
6 Months7,781,5922,984,59538.35

About Bandhan Bank Ltd

Bandhan Bank Share Price Today

Bandhan Bank is the first microfinance institution in India to become a universal bank. Originally known as Bandhan Konnagar, the organisation was founded in 2001 as a non-governmental organisation (NGO) to provide microfinance services to economically disadvantaged women in rural West Bengal. In 2009, the NGO transferred its microfinance operations to Bandhan Financial Services (BFSL).

Bandhan Bank History

Bandhan Bank Ltd was founded on December 23, 2014, in Kolkata, West Bengal, as a public limited company. By the time BFSL handed its microfinance business to the bank, it had become India's largest microfinance firm in terms of client base and loan portfolio. It began its general banking operations in 2015 by establishing a greenfield network of 501 bank branches and 50 ATMs.

Bandhan Bank had its first public offering (IPO) between March 15 and March 19, 2018. The IPO consisted of a new issuance of 9.76 crore shares and an offer for sale of 2.16 crore shares from selling shareholders. The stock debuted at a 29.33% premium. Bandhan Bank share price keeps fluctuating, so you can find the Bandhan Bank share price target on BlinkX. 

Business Segments of Bandhan Bank

Bandhan Bank operates the following business segments:

  • Loans
  • Savings accounts, recurring deposits, fixed deposits
  • Mutual Funds
  • Debit Cards, bill payments, money transfers, internet banking, mobile banking, doorstep banking

The bank provides a wide range of loans through its Banking Unit (BU) branches to help small companies in need of funding. Through its BU branches, the bank offers group loans as well as Small Business and Agri Loans (SBAL).

Aside from loan and deposit products, the bank provides goods and services that earn non-interest revenue and address its clients' extra demands. Debit cards, internet and mobile banking, EDC-POS machines, online payment services, and the distribution of third-party general insurance and mutual fund products are all examples of such offerings.

Key Personnel of Bandhan Bank

Mr. Ghosh started Bandhan Bank in 2001. It was a non-profit organisation dedicated to promoting sustainable livelihood opportunities for women. In August 2015, he spearheaded Bandhan's shift into an NBFC-MFI and, finally, a universal bank. Ghosh, who has an M.Sc. in Statistics, was the previous President of the Bengal Chamber of Commerce and Industry (BCC&I). He was also the previous Chairman of the CII Eastern Region and a member of the IBA's Managing Committee. He co-chairs FICCI's Financial Inclusion Committee. Keep track of Bandhan share price for more insights.

Corporate Actions Bandhan Bank

The following are some of the important corporate activities made by Bandhan Bank in the recent years:

Bandhan Bank Mergers and Acquisitions

  • In January 2019, Bandhan Bank, one of India's major private sector banks, announced the acquisition of Gruh Finance, a subsidiary of the former Housing Development Finance Corporation Ltd. (HDFC).
  • IDFC Mutual Fund was bought in January 2023 by a group that included Bandhan Financial Holdings Limited (BFHL), GIC, and ChrysCapital.
  • Bandhan Bank has not disclosed any stock splits, bonus share offerings, or rights issues.

Bandhan Bank Financial Performance

The following are some of Bandhan Bank's notable financial highlights during the previous few years:

  • Bandhan Bank's income increased by about 10x from Rs.1,581 crore to Rs.15,905 crore in 7 years (March 2016–March 2023).
  • The company's net profit climbed significantly from Rs.126 crore in FY 2022 to Rs.2,195 crore in FY 2023.

The company's cash flows have been variable, with outflows of Rs.2,125 crore, inflows of Rs.3,093 crore, and outflows of Rs.1,071 crore in FY 2021, 2022, and 2023.

Managing Director

Chandra Shekhar Ghosh

Founded

2014

NSE Symbol

BANDHANBNK

Bandhan Bank Ltd Management

NameDesignation
Chandra Shekhar GhoshManaging Director & CEO
Holger Dirk MichaelisNominee
Indranil BanerjeeCompany Sec. & Compli. Officer
ALLAMRAJU SUBRAMANYA RAMASASTRINon-Exec. & Independent Dir.
Santanu MukherjeeNon-Exec. & Independent Dir.
Anup Kumar SinhaChairman & Independent Directo
NVP TendulkarNon-Exec. & Independent Dir.
Vijay N BhattNon-Exec. & Independent Dir.
Suhail ChanderNon-Exec. & Independent Dir.
Subrata Dutta GuptaIndependent Director
Ms Divya KrishnanNon-Exec & Non-Independent Dir
Aparajita MitraNon-Exec. & Independent Dir.
Philip MathewNon-Exec. & Independent Dir.
Ratan Kumar KeshExecutive Director

Bandhan Bank Ltd News

Bandhan Bank allots 249 equity shares under ESOP
Bandhan Bank appoints Head - Wholesale Banking
On 10 April 20224
Bandhan Bank Ltd leads losers in 'A' group
Neuland Laboratories Ltd, Great Eastern Shipping Company Ltd, Venus Pipes & Tubes Ltd and Kaynes Technology India Ltd are among the other losers in the BSE's 'A' group today, 08 April 2024.
Bandhan Bank slumps after MD-CEO Chandra Shekhar Ghosh announces retirement
Bandhan Bank tumbled 5.27% to Rs 187 after the bank informed that its managing director & chief executive officer Chandra Shekhar Ghosh would retire from the services of the bank upon completion of his current tenure on 09 July 2024.
Broader mkt outperforms; realty shares advance
Bandhan Bank deposits grows 25% YoY in Q4 FY24
Bandhan Bank’s total deposits rose by 25.1% to Rs 1,35,198 crore in the quarter ended 31 March 2024 from Rs 1,08,069 crore recorded in the quarter ended 31 March 2023.
Bandhan Bank allots 51,589 equity shares under ESOP
Bandhan Bank appoints Rajeev Mantri as CFO
The board of directors of Bandhan Bank has approved the appointment of Rajeev Mantri as the chief financial officer (CFO) and key managerial personnel (KMP) of the bank with effect from 22 February 2024.
Bandhan Bank Q3 PAT Soars to Rs 733 cr; NIM at 7.2%
The Kolkata-based private lender reported a net profit of Rs 732.72 crore in Q3 FY24, steeply higher than Rs 290.57 crore recorded in Q3 FY23.
Bandhan Bank standalone net profit rises 152.17% in the December 2023 quarter
Total Operating Income rise 22.53% to Rs 4665.43 crore

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Bandhan Bank Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Bandhan Bank Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Bandhan Bank Ltd's share price is ₹182.80 as of May 9, 2024

The 52-week high/low price of a Bandhan Bank Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Bandhan Bank Ltd's 52-week high and low as of May 9, 2024 are ₹183.7 and ₹180.65 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Bandhan Bank Ltd stands at 39.98%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 34.74% to 31.19%.