Is Bandhan Bank a good buy?

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.

What is the future of Bandhan Bank share?

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.

Is it safe to invest in Bandhan Bank?

Bandhan Bank fixed deposit is a reliable, secure and beneficial investment option that offers various benefits such as guaranteed returns, Government insurance, loan borrowing facility and flexible fixed deposit tenure.09-Sept-2022

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.

Why Bandhan Bank is going down?

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

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

Which is better HDFC or Bandhan Bank?

Bandhan Bank LTD is most highly rated for Job security and advancement and HDFC Bank is most highly rated for Culture.Overall Rating.

Why is Bandhan Bank rising?

Bandhan Bank reported a net profit of Rs 209 crore for the September quarter compared with Rs 3,009 crore loss in the year ago period due to higher asset quality stress, percolating into high interest income reversals and increased write-offs.18-Nov-2022

Is Bandhan Bank RBI approved?

As an Agency Bank of the RBI, authorised to undertake government business, Bandhan Bank will be able to handle transactions related to collection of state taxes and revenue receipts such as GST and VAT; collection of stamp duty and pension payments on behalf of central and state governments.

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.

Is Bandhan Bank merged or not?

Bandhan Bank and GRUH Finance are merging. GRUH Finance is the housing finance subsidiary of HDFC. Bandhan Bank is India's youngest bank which was listed on the stock exchange in 2018.GRUH Finance & Bandhan Bank Merger: Why are they Merging?

Who bought Bandhan shares?

Plutus Wealth Management LLP

Which Bank is better Bandhan or RBL?

Bandhan Bank LTD is most highly rated for Job security and advancement and RBL Bank is most highly rated for Work/life balance.Overall Rating.

Which Bank is better RBL or Bandhan Bank?

Among these smaller private banks, Bandhan Bank is better placed than RBL Bank due to its strong fundamentals and better business operations, Credit Suisse said in a report.15-Jul-2020

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

Has Bandhan Bank declared dividend?

Dividend declared at an annual general meeting is required to be paid within 30 days from the date of declaration of the said dividend.

Which post is best in Bandhan Bank?

The highest-paying job at Bandhan Bank is a Vice President with a salary of ₹34.6 Lakhs per year.

Which insurance company is tie up with Bandhan Bank?

Life Insurance Corporation of India (LIC) is planning to tie up with Bandhan and United Bank of India (UBI) as bancassur- ance partners. Kolkata-based Bandhan is one of the two entities that were granted bank licences by the Reserve Bank of India (RBI) last year. It is also the country's largest micro lender.

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

Which bank is best axis or Bandhan Bank?

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.