Singapore’s Caladium Investment has raised its stake in Bandhan Bank by 1.1% from 3.39% to 4.49%. Caladium Investment PTE Ltd will now hold 7.2 crore shares of Bandhan Bank.
Click Here To Get Test Series For SBI PO 2020
Caladium Investment raised its stake in Bandhan Bank through secondary market operations during the January-March period. The move shows the confidence in micro-lending business model of the bank, which posted a 120.85% year-on-year increase in the net profit at Rs 731 crore for the December 2019 quarter compared with Rs 331 crore in the same quarter in 2018.
Important takeaways for all competitive exams:
National News Mahesh Dixit Appointed New Intelligence Bureau Director The Government of India has appointed…
The Indian Air Force (IAF) strengthened the long range precision strike by getting around 40…
Indian schools have achieved the milestone as total 7 Indian schools secured places in Top…
India achieved the milestone as it commissioned the world’s first hydrogen production facility, which is…
Honorable Japanese Prime Minister Sanae Takaichi is scheduled to visit New Delhi from 1st to…
The India-Seychelles defense partnership has been emerged as the key pillar of maritime security in…