Bandhan Bank trades higher on the BSE
Bandhan Bank is currently trading at Rs. 140.80, up by 4.35 points or 3.19% from its previous closing of Rs. 136.45 on the BSE.
The scrip opened at Rs. 137.05 and has touched a high and low of Rs. 143.00 and Rs. 137.05 respectively. So far 482721 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 222.30 on 30-Jul-2024 and a 52 week low of Rs. 128.15 on 18-Feb-2025.
Last one week high and low of the scrip stood at Rs. 143.00 and Rs. 128.15 respectively. The current market cap of the company is Rs. 22513.33 crore.
The promoters holding in the company stood at 39.98%, while Institutions and Non-Institutions held 38.70% and 21.32% respectively.
Bandhan Bank has opened nine new branches across three states, including one in Kolkata, as part of its ongoing expansion strategy. With this, the bank's total number of banking outlets has crossed 6,300 further solidifying its pan-India presence. Apart from one in the city, the remaining eight branches-six in Uttar Pradesh and two in Maharashtra were inaugurated virtually.
West Bengal remains a key market for Bandhan Bank, with the state now hosting 1,720 banking outlets, the highest in its network. The new branches are part of the bank's strategy to strengthen its presence in key states like West Bengal, Uttar Pradesh, and Maharashtra, which are critical to its retail and SME lending operations.
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.
