Bandhan Bank shares hit 10% upper circuit as target prices rise after Q1 beat

Bandhan Bank shares hit 10% upper circuit as target prices rise after Q1 beat

Shares of private sector lender Bandhan Bank on Monday jumped 10% to hit upper circuit limit of Rs 211.65 on the BSE after reporting a healthy 45% year-on-year (YoY) earnings growth, led by 25% YoY operating profit growth and 15% YoY decline in provisions. Following the beat, ICICI Securities upgraded the stock to ‘add’ rating … Read more

Bandhan Bank share price: Bandhan Bank tanks over 6% after CEO Ghosh steps down

Bandhan Bank share price: Bandhan Bank tanks over 6% after CEO Ghosh steps down

Mumbai: Bandhan Bank fell more than 6% Monday after founder and chief executive, Chandra Shekhar Ghosh, announced a voluntary exit despite a board nod to continue in the top job. Brokerages Jefferies and Nomura have slashed their target prices for the stock of the Kolkata-based lender that emerged as a full-service bank after decades of … Read more

Bandhan Bank | Chandra Shekhar Ghosh: Will take up strategic role to contribute to growth of Bandhan Group: Chandra Shekhar Ghosh, Bandhan Bank

Bandhan Bank | Chandra Shekhar Ghosh: Will take up strategic role to contribute to growth of Bandhan Group: Chandra Shekhar Ghosh, Bandhan Bank

“There are a good number of senior management people we have already boarded to the bank and they are also setting up the bank and so it is the right time, given we have a very professional team,” says Chandra Shekhar Ghosh, MD & CEO, Bandhan Bank.What are your future plans?I need to retire and … Read more