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Bandhan Bank Limited is an Indian commercial bank that transformed from a microfinance entity to a universal bank. It focuses on serving underbanked and underpenetrated markets in India. The bank offers a range of services including loans, deposits, debit cards, internet banking, mobile banking, and distribution of third-party financial products. Bandhan Bank operates through various segments: Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business. The bank has a network of branches, banking units, and ATMs across India, with a significant presence in rural and semi-urban areas. It provides various loan products such as Subriddhi, Suraksha, Sushiksha, Sahayata Suyog, Bazaar, and Micro Home loans. Bandhan Bank has been expanding its services, including housing loans and gold loans, and has implemented digital initiatives like online account opening.
In the news

Bandhan Bank Cuts MFI Growth; Microfinance Sector Shows Recovery

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ICICI Securities cuts Bandhan Bank target to ₹200 after Q1 results

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Bandhan Bank Q1 Results: 35% PAT Growth to ₹502 Cr, Shares Hit Lower Circuit

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Bandhan Bank Surges 4.26% on Strong Q4 Results, Market Cap Hits ₹34,882 Cr

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Bandhan Bank CFO Rajeev Mantri resigns, stock rises 0.49%

Bandhan Bank raises FD rates up to 7.95% for senior citizens

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Company insights, generated from the most recent coverage.
Bandhan Bank reported 35% Q1 profit growth as provisions declined sharply, with Gross NPA improving from 5.02% to 3.15%, signaling a recovery in asset quality and profitability.