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BANDHAN BANK LTD.

04 December 2024 | 01:59

Industry >> Finance - Banks - Private Sector

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ISIN No INE545U01014 BSE Code / NSE Code 541153 / BANDHANBNK Book Value (Rs.) 133.87 Face Value 10.00
Bookclosure 20/08/2024 52Week High 263 EPS 13.84 P/E 12.87
Market Cap. 28694.62 Cr. 52Week Low 163 P/BV / Div Yield (%) 1.33 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Bank was incorporated as Bandhan Bank Limited on December 23, 2014 at Kolkata, West Bengal as a public limited company under the Companies Act, 2013, pursuant to certificate of incorporation issued by the RoC. A licence authorising the Bank to carry on banking business was issued by the RBI in terms of Section 22 of the Banking Regulation Act on June 17, 2015.

Major events of the Bank

2015

- The Bank opened with 501 branches and 2,022 DSCs

2016

- The Bank expanded its branch and DSC network to 656 branches and 2,022 DSCs

2017

- The Bank expanded its branch and DSC network to 840 branches and 2,546 DSCs

2018

- The Bank expanded its branch and DSC network to 893 branches and 2,686 DSCs.

Awards, Accreditations and Accolades received by the Bank

2015

- The Bank was awarded the `Special Initiative Award' by the Financial Express- India's Best Banks Awards

2017

- The Bank was awarded the `Dun & Bradstreet- Best Private Sector Bank - Government Scheme Participation'

2018

-ICRA has upgraded its long-term rating to [ICRA]AA (pronounced ICRA double A) to the Rs. 160-crore subordinated Tier-II non-convertible debenture programme and its Rs. 80-crore term loans of Bandhan Bank Limited (BBL).

- Bandhan Bank to open 40 new branches in December 2018

-The Hindu Business Line Changemakers Award

2019

- Bandhan Bank Limited has informed that the proposed scheme of amalgamation of GRUH Finance Limited into and with Bandhan Bank Limited under Sections 230 to 232 of the Companies Act, 2013 and other applicable provisions

-Bandhan Bank Limited has informed that allotment of 28633 Equity Shares under ESOP

-Bandhan Bank launches 125 new banking outlets

-TiECON Kolkata Super Star Award

2020

- Bandhan Bank Limited has informed that about investment in YES Bank

-Bandhan Bank has allotted 8,021 Equity Shares of face value of Rs. 10/- each fully paid-up to eligible employees of the Bank upon exercise of the Options vested with them under the ESOP Series 1.

-Bandhan Bank selectively resumes services related to small loans

-Award-Banker of the Year by?Business Standard

-The Economic Times Bengal Corporate Awards

2021

-Bandhan Bank allots 87,060 equity shares under ESOP

-Bandhan Bank to provide banking services to the Indian Army

-Bandhan Bank brings on board Zubeen Garg as its brand ambassador in Assam

2022

--Bandhan Bank sets up a currency chest in Patna; its first in the country.

-Bandhan Bank opens currency chest in Assam.

-Bandhan Bank Ropes in Sourav Ganguly as its Brand Ambassador.

2023

-Bandhan Bank added 50 more branches to its existing network of around 1350 others across the country.

-Government of Assam Signs MoU with Bandhan Bank.

-Bandhan Bank authorised by RBI for disbursing pension to Railways.

-Bandhan Bank opens branches in Srinagar and Leh, Ladakh on its Eighth Anniversary.

-Bandhan Bank opens Mega Currency Chest in West Bengal.