Gruh Finance

Despite the high growth, Aptus has been able to deliver superior profitability

Bandhan Bank climbs 9% ahead of MSCI index inclusion

Bandhan Bank will be included in the MSCI Global Standard Index, under largecap segment, from October 16.

HDFC sells Gruh Finance shares worth nearly Rs 67 cr

According to the latest block deal data available with BSE, HDFC sold 27 lakh shares of Gruh Finance at Rs 247.15 per piece for a total amount of Rs 66.73 crore.

Gruh Finance Q1 net profit flat at Rs 115 cr

The company's revenue increased to Rs 532.97 crore in the June quarter of 2019-20, as against Rs 450.95 crore a year ago, Gruh Finance said in a regulatory filing.

Bandhan Bank rallies 3% after NCLT okays merger of Gruh Finance

The important reason for merger by Bandhan Bank is to meet minimum shareholding norms set by SEBI.

Gruh Finance plunges 7% as HDFC reduces stake

Gruh Finance traded with volumes of 72,19,000 shares, an increase of 10,413.24 percent compared to its five-day average of 68,666 shares on the BSE.

HDFC to sell 4.2% stake in Gruh Finance on June 14: Report

The stake sale may be done at a floor price of Rs 290 per share. The base deal size is expected to be around three crore shares with an upsize option.

Gruh Finance tanks 8% after HDFC offloads stake to meet RBI conditions

HDFC sold Gruh Finance shares to meet RBI conditions for Bandhan Bank merger.

Gruh Finance Q4 net profit flat at Rs 129 cr

Total revenues from operations during March quarter stood at Rs 557.77 crore as against Rs 444.15 crore in the year-ago period, the company said in a regulatory filing.

RBI approves proposal of HDFC for holding 9.9% stake in Bandhan Bank

Gruh Finance, the affordable housing finance arm of HDFC Ltd, was taken over by Bandhan Bank in a share-swap deal in January.

Bandhan Bank gets CCI approval to acquire Gruh Finance

As part of the deal, Bandhan Bank has to transfer 14.9 per cent stake to HDFC for merging Gruh with itself.

Market Headstart: Nifty likely to open lower; 3 stocks which could give 6-8% returns

Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 31 points or 0.27 percent. Nifty futures were trading around 11,415-level on the Singaporean Exchange.

Bandhan Bank gets RBI nod for acquiring Gruh Finance

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.

Bandhan Bank's 14.9% stake to HDFC will test RBI 2016 guidelines

Gruh Finance, the affordable housing finance arm of HDFC, was taken over in January by Kolkata based Bandhan Bank in a share swap deal.

Gruh Finance Q3 profit up 6.5% to Rs 97 cr

The company had recorded a net profit of Rs 90.84 crore in the corresponding quarter of the previous fiscal, Gruh Finance said in a regulatory filing.

Gruh & Bandhan - a marriage made on earth that foreign investors would fancy

In the longer run, anyone looking to come and invest in India would fancy the merged entity for their core portfolio in all probability

Opinion | Bandhan-Gruh learnings: Rewrite bank ownership rules keeping minority shareholders in mind

The minority investors, perhaps, have been the worst sufferers, unless the stocks rebound quickly enough to more than offset the losses.

Expect cost of funds to come down after merger with Gruh Finance: Chandra Shekhar Ghosh

Ghosh further said that they cannot reclassify promoter holding or change tier-3 structure to comply with RBI norms.

Opinion| Bandhan Bank: Should regulations be guiding business decisions?

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.

3 Point Analysis | Bandhan Bank set to acquire Gruh Finance

The deal will reduce promoters' stake in Bandhan Bank, bringing it closer to regulatory compliance.

'After exiting Gruh Finance, HDFC could now get into low-cost housing segment'

"With respect to promoter shareholding, Bandhan was looking at an inorganic opportunity," Shah told CNBC-TV18 on January 8.