Incorporated in 2014, Bandhan Bank is a commercial bank focused on serving underbanked and underpenetrated markets in India. Let me summarize the key components:
Bandhan Bank Ltd.:
- Incorporated in 2014 and operational since 2015, Bandhan Bank is a commercial bank in India, serving underbanked and underpenetrated markets.
- It emerged from Bandhan Financial Services Pvt. Ltd. (BFSL), which was the largest NBFC-MFI (Non-Banking Financial Company – Micro Finance Institution) in India before transitioning to a bank.
Bandhan Mutual Fund:
- This is Bandhan Bank’s foray into asset management and mutual fund services, providing a range of investment products for customers.
Bandhan Financial Services Ltd. (BFSL):
- Initially set up in 2006 as a microfinance institution, BFSL was restructured after Bandhan Bank was formed.
- In September 2017, BFSL became a registered NBFC-CIC-ND-SI (Non-Deposit Accepting Systematically Important Core Investment Company) with RBI, focusing exclusively on investments.
Bandhan Financial Holdings Limited (BFHL):
- BFHL is a wholly owned subsidiary (WOS) of BFSL, likely serving as the holding company for Bandhan Bank and other related ventures.
Here is the shareholding pattern of Bandhan Bank.
- Promoters: 39.98% (unchanged)
- FIIs: 28.25% (decreased from 31.20%)
- DIIs: 15.06% (increased from 12.42%)
- Public: 16.63% (slightly increased from 16.32%)
In this period, there was a decrease in FII holdings, with DIIs picking up a larger share, while the public’s share also saw a marginal increase.
Disclaimer-
It’s important to note that discussions like are for informational purposes only and should not be taken as specific We are not SEBI registered investment advisor. Whether analyzing a company’s financial health, examining market trends, or discussing technical chart patterns, the goal is to provide insights and perspectives that can help you make more informed decisions according to your own research and investment strategy. Always consider consulting with a financial advisor or conducting thorough personal research before making any investment decisions.
