11-01-2022 02:45 PM | Source: Accord Fintech
Bandhan Bank surges on the BSE
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Bandhan Bank is currently trading at Rs. 239.10, up by 0.45 points or 0.19% from its previous closing of Rs. 238.65 on the BSE.

The scrip opened at Rs. 241.95 and has touched a high and low of Rs. 241.95 and Rs. 235.50 respectively. So far 501926 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. 229.65 on 27-Dec-2021.

Last one week high and low of the scrip stood at Rs. 274.70 and Rs. 235.50 respectively. The current market cap of the company is Rs. 38369.83 crore.

The promoters holding in the company stood at 39.99%, while Institutions and Non-Institutions held 42.77% and 17.25% respectively.

Bandhan Bank has opened currency chest in Guwahati, largest in the North East Region so far by any banking institution. This is the Bank’s second currency chest. This will help the Bank in cash management for the branches and ATMs in the region. This currency chest will help the overall financial ecosystem in the North East with the supply of currency notes.

In Assam, Bandhan Bank currently has a customer base of around 26 lakh. Through a network of more than 472 banking outlets, the Bank caters to the banking needs of the people of Assam. The Bank will open more than 550 new branches across India in the current financial year, out of which 20 will open in Assam.

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.