Macquarie is concerned by the expensive acquisition of Gruh and what it means for future capital allocation
Gruh Finance, the affordable housing finance arm of HDFC Ltd, was taken over in January by Kolkata-based Bandhan Bank in a share-swap deal.
Gruh Finance, the affordable housing finance arm of HDFC, was taken over in January by Kolkata based Bandhan Bank in a share swap deal.
More than thirty months after on tap licensing guidelines were issued not a single organisation has come forward to set up banks in India
An engulfing pattern on a support line suggests chances of a strong move ahead.
This is the verbatim transcript of Bandhan Bank management call with analysts.
In the longer run, anyone looking to come and invest in India would fancy the merged entity for their core portfolio in all probability
Arihant Capital recommended hold rating on Bandhan Bank with a target price of Rs 505 in its research report dated January 11, 2019.
The minority investors, perhaps, have been the worst sufferers, unless the stocks rebound quickly enough to more than offset the losses.
ICICI Direct is bullish on Bandhan Bank has recommended buy rating on the stock with a target price of Rs 575 in its research report dated January 11, 2019.
Ghosh further said that they cannot reclassify promoter holding or change tier-3 structure to comply with RBI norms.
With the substantial progress on promoter stake reduction and full provision for IL&FS, the key overhang on the stock is behind us
If synergies of Bandhan and Gruh are so good, why didn't HDFC and HDFC bank think of this synergy to create a real giant with tremendous economic power.
The lender's advances book grew at an accelerated pace of 46% YoY in Q3, increasing to Rs 35,599 crore.
IL&FS classified as NPA by the lender; overall asset quality, too, shows deterioration
The deal will reduce promoters' stake in Bandhan Bank, bringing it closer to regulatory compliance.
ICICI Direct is bullish on Bandhan Bank has recommended buy rating on the stock with a target price of Rs 575 in its research report dated January 08, 2019.
"With respect to promoter shareholding, Bandhan was looking at an inorganic opportunity," Shah told CNBC-TV18 on January 8.
Most global brokerage firms have maintained their rating for Bandhan Bank, but expressed doubts about the synergies that the deal would offer
The amalgamation will result in enhancement of shareholders' value accruing from the synergy of operations, new products development, integration of technology and information
Nifty Futures on Singaporean Exchange were trading mildly lower on Tuesday morning. They were trading a tad below 10,800-mark.
Shareholders of Gruh Finance will receive three shares of Bandhan Bank for every five shares they hold in the affordable home loans subsidiary
On December 7, the government had appointed ISB Hyderabad professor Subramanian as the CEA for a period of three years.