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Bandhan Bank CEO Chandra Shekhar Ghosh to retire in July

Finance

05 April, 2024

Bandhan Bank CEO Chandra Shekhar Ghosh to retire in July

India's Bandhan Bank said on Friday its Managing Director and Chief Executive Chandra Shekhar Ghosh would retire on July 9, ......

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IFC lifting exposure to Indian bank to nearly $250 mn in one of its largest equity bets

Finance

19 July, 2023

IFC lifting exposure to Indian bank to nearly $250 mn in one of its largest equity bets

International Finance Corporation (IFC), the World Bank Group’s private-sector investment arm, is increasing its exposure to an Indian bank to ......

Grapevine: Vedanta approaches SWFs for stake sale; Phoenix ARC to buy Bandhan's bad loans

General

24 March, 2023

Grapevine: Vedanta approaches SWFs for stake sale; Phoenix ARC to buy Bandhan's bad loans

With debt repayments up to $2 billion maturing by June, billionaire Anil Agarwal-led Vedanta Resources Ltd (VRL) has reached out ......

Grapevine: NIIF emerges as top bidder for Mahindra Susten's assets

General

16 December, 2020

Grapevine: NIIF emerges as top bidder for Mahindra Susten's assets

The National Investment and Infrastructure Fund (NIIF) has emerged as the top bidder to acquire about 617 megawatt worth of ......

PE firms, ARCs queue up for Reliance Capital's assets

Finance

03 December, 2020

PE firms, ARCs queue up for Reliance Capital's assets

Blackstone, KKR, Bain Capital, JC Flowers and others have submitted Expressions of Interest (EOIs) for different assets of debt-laden Reliance ......

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What RBI panel's report means for banking sector, top banks, NBFCs and SFBs

Finance

20 November, 2020

What RBI panel's report means for banking sector, top banks, NBFCs and SFBs

An internal panel of the Reserve Bank of India has suggested allowing large corporate houses to own significant stakes in ......

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Bandhan Bank's Chandra Shekhar Ghosh on credit growth, NPA outlook and more

Finance

28 September, 2020

Bandhan Bank's Chandra Shekhar Ghosh on credit growth, NPA outlook and more

Bandhan Bank received a banking licence in 2014, beating out many large conglomerates in the process. In the last five ......

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GIC ups stake in lender with single-biggest India cheque of 2020

Finance

17 August, 2020

GIC ups stake in lender with single-biggest India cheque of 2020

Singapore sovereign wealth fund GIC has made its single-largest investment of 2020 in India thus far as it increased its ......

GIC bets more on Bandhan Bank as Temasek joins in

Finance

04 August, 2020

GIC bets more on Bandhan Bank as Temasek joins in

Singapore sovereign wealth fund GIC Pte Ltd has increased its stake in Bandhan Bank while its sister concern Temasek Holdings ......

Grapevine: Bandhan Bank mulls merger with holding company to comply with RBI rules

General

16 July, 2020

Grapevine: Bandhan Bank mulls merger with holding company to comply with RBI rules

Kolkata-based private-sector lender Bandhan Bank is considering reducing promoter stake by merging with its holding company Bandhan Financial Holdings, two ......