How strong is Bandhan Bank?
Having received the universal banking licence from the Reserve Bank of India, Bandhan Bank started operations on August 23, 2015, with 501 branches, 50 ATMs and 2,022 Banking Units (BUs). The Bank has mobilised deposits of over ₹99,366 crore and its total advances stand at over ₹95,835 crore as of September 30, 2022.
Consistently poor return ratios have led to this slump in Bandhan Bank's stock price & traders should only buy this stock on daily close above 230 for near term targets of 260 & 274 ." In a report dated November 2, 2022, brokerage Geojit has assigned a buy rating on the stock with a target price of Rs 282.14-Nov-2022
Is Bandhan Bank a good stock for long term?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Bandhan Bank Ltd is likely to Fall in the short term.
Poor quarterly results. Bandhan Bank on Friday last week reported a net profit of Rs 2.1 bn for the quarter ended September 2022 as against a Rs 30.1 bn loss in the year-ago period, owing to a sharp fall in provisions and a rise in net interest income.01-Nov-2022
What is the next target of Bandhan Bank?
View 28 reports from 10 analysts offering long term price targets for Bandhan Bank Ltd.. Bandhan Bank Ltd. has an average target of 329.60. The consensus estimate represents an upside of 36.03% from the last price of 242.30.
Bandhan Bank LTD is most highly rated for Job security and advancement and HDFC Bank is most highly rated for Culture.Overall Rating.
Is Bandhan Bank Blue Chip?
Bandhan Bank is the first bluechip growth stock on our list. The bank is India's youngest universal bank that aims to reach out to the unbanked and under-banked segments of the population.11-Jan-2022
Bandhan Bank is rated 3.9 out of 5, based on 3.7k reviews by employees on AmbitionBox. Bandhan Bank is known for Job Security which is rated at the top and given a rating of 4.0. However, Work Satisfaction is rated the lowest at 3.5 and can be improved.
Does Bandhan bank give dividends?
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How is Bandhan Bank performing?
Bandhan Bank share price insights In the last 4 years, only 4.27 % trading sessions saw intraday declines higher than 5 % . 50 day moving crossover appeared yesterday. Average price decline of -7.2% within 30 days of this signal in last 5 years.
Axis Bank is most highly rated for Job security and advancement and Bandhan Bank is most highly rated for Job security and advancement.Overall Rating.
Is Bandhan Bank approved by RBI?
Kolkata, November 1, 2021: The Reserve Bank of India (RBI) has authorised Bandhan Bank as an Agency Bank of the RBI for undertaking Government business.
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Is Bandhan Bank profitable?
'Going forward, bank expects good growth in deposits and advances' Bandhan Bank reported a net profit of ₹209 crore during the quarter ended September 30, 2022.28-Oct-2022
Moreover, it is safe & secure to keep all your money, which is the highly sought-after feature of savings accounts. You can choose from the savings account facility offered by Bandhan Bank, which offers 1.7 times more interest rates than the average market rate.15-Jul-2022
Why is Bandhan Bank successful?
EEB has two broad categories: microcredit, where borrowers are part of a group and make weekly repayments; the second bracket is individual loans. These are given to those who run bigger businesses, and whose monthly household income is higher. Bandhan Bank built its reputation first as a microfinance institution.18-Jan-2021
How strong is Bandhan Bank?