Bandhan Bank Share Price

Bandhan Bank Ltd.

It was established on August 23, 2015, and delivers products to cater to all customer categories. Moreover, reaching out to the unbanked and underbanked and providing last-mile banking for everyone, no matter how big or small, has remained the main aim all across its transition from an NGO to an NBFC and, ultimately, a universal bank. Motivated by the tenet "Aapka Bhala. Sabki Bhalai," or "Your advantage. the well-being of all.) The primary goal of Bandhan Bank has evolved from financial inclusion to inclusive banking. Bandhan bank share dividend history

About Bandhan Bank share news

Being an Indian financial institution, Bandhan Bank Ltd offers banking services; it is located in Kolkata. It has a large customer base of 3,36 crore and branches and ATMs across201231 states/UTs in India. Bandhan Bank started its operations on August 23, 2015, after receiving the universal banking license from the Reserve Bank of India. As of March 31, 2018, Bandhan Bank has 501 branches, 50 ATMs and 2022 Banking Units or BUs. At the end of March 2024, the Bank had secured deposits of ₹1,35,202 crore and had an overall credit portfolio of ₹1,24,721 crore.

Banking industry overview

Banking facility is one of the key sectors in the Indian economy. These include regional rural banks, foreign banks, private sector banks, and public sector banks. Moreover, the State Bank of India is the biggest public sector bank. Moreover, some important Private Sector banks include Axis, ICICI, HDFC Bank etc.

The industry offers potential services such as online banking, credit facilities, and deposit-taking. Fintech and digital banking solutions have grown rapidly in recent years. UPI and Mobile banking are common among people.

The industry is governed by the Reserve Bank of India, which promotes stability and expansion. The government's reforms and initiatives, including the Jan Dhan Yojana, have improved financial inclusion. However, regulatory compliance and non-performing assets present difficulties.

In general, the banking sector in India is growing and changing. Thanks to robust regulatory support and technical progress, it keeps growing and offers the public essential financial services.

Bandhan Bank competitors

Here is the list of Bandhan Bank's competitors, which we have chosen keeping Bandhan Bank share price today in mind.

• Axis Bank
• HDFC Bank
• IDFC Bank
• ICICI Bank
• Kotak Mahindra Bank
• RBL Bank
• Indian Bank

Bandhan Bank share price history

• 2015: Opened with 501 branches and 2,022 DSCs and received Special Initiative Award by Financial Express
  
• 2016: Expanded to 656 branches and 2,022 DSCs.
  
• 2017: Expanded to 840 branches and 2,546 DSCs. Awarded Best Private Sector Bank for Government Scheme Participation by Dun & Bradstreet.
  
• 2018: Expanded to 893 branches and 2,686 DSCs. ICRA upgraded its long-term rating to [ICRA]AA and opened 40 new branches. Won the Hindu Business Line Changemakers Award.
  
• 2019: Announced amalgamation of GRUH Finance Limited. Allotted 28,633 Equity Shares under ESOP. Launched 125 new banking outlets. Received TiECON Kolkata Super Star Award.
  
• 2020: Invested in YES Bank. Allotted 8,021 Equity Bandhan bank bonus share to employees under ESOP and resumed small loan services. Moreover, awarded Banker of the Year by Business Standard and won The Economic Times Bengal Corporate Awards
  
• 2021: Allotted 87,060 equity shares under ESOP and began providing banking services to the Indian Army. Appointed Zubeen Garg as brand ambassador in Assam.
  
• 2022: Opened first currency chest in Patna and another in Assam. Appointed Sourav Ganguly as brand ambassador.
  
• 2023: Added 50 branches to its network. Signed MoU with the Government of Assam and authorised by RBI to disburse pensions to Railways. Opened branches in Srinagar and Leh on its eighth anniversary

Company Profile – Strengths and Weaknesses

Strengths

• Book value per Bandhan bank share price NSE has been improving for the last 2 years
• Overall revenue has been increasing for the past 2 quarters
• Organisations with zero promoter pledge
• Annual net profit is also boosting for the last 2 years

Weaknesses

• Capital is not sufficient to generate profits.

The financials including Bandhan bank share dividend history

Shareholding pattern of Bandhan Bank Limited

Here is the shareholding pattern of Bandhan Bank Limited:

• Promoters: 39.99%
• FII: 34.31%
• DII: 4,56%
• Public: 21.14 %
• Others: 0%

Peer Comparison