Bandhan Bank soars on getting claim of Rs 916.61 crore under CGFMU for FY22-23
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Bandhan Bank is currently trading at Rs. 252.05, up by 5.30 points or 2.15% from its previous closing of Rs. 246.75 on the BSE.
The scrip opened at Rs. 250.40 and has touched a high and low of Rs. 255.85 and Rs. 250.40 respectively. So far 236317 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 349.50 on 17-May-2022 and a 52 week low of Rs. 209.45 on 22-Nov-2022.
Last one week high and low of the scrip stood at Rs. 255.85 and Rs. 242.45 respectively. The current market cap of the company is Rs. 40496.16 crore.
The promoters holding in the company stood at 39.99%, while Institutions and Non-Institutions held 42.72% and 17.30% respectively.
Bandhan Bank has received claim of Rs 916.61 crore under Credit Guarantee Fund for Micro Units (CGFMU) for FY 2022-23. The Bank had obtained guarantee under CGFMU, the Trust Fund set up by Government of India, managed by NCGTC as a Trustee, with the purpose of guaranteeing payment against default in Loans extended to eligible borrowers by Banks.
Bandhan Bank is an Indian banking and financial services company headquartered in Kolkata, West Bengal. Bandhan, which started as a micro-finance company in 2001, received banking licence by Reserve Bank of India in 2014.
