RBI approves Bandhan Bank’s acquisition of Gruh FinanceGruh Finance was taken over in January by Kolkata-based Bandhan Bank in a share-swap deal.
Bandhan Bank, Gruh Finance extend their slideAnalysts believe that Bandhan Bank has made an expensive deal in the acquisition of Gruh Finance.
Cost of funds for Gruh may surge as it loses HDFC credit-quality benchmarkGruh’s profitability was higher than its peers, many of which are larger in size.
It is a win-win for Gruh, Bandhan and HDFC: Keki Mistry“Bandhan will benefit from Gruh’s time-tested systems in doing housing loans and presence in western India.”
Bandhan, Gruh shares drop after merger; here's whyMacquarie termed acquisition of Gruh Finance by Bandhan as "a wrong decision".
Gruh-Bandhan merger will create a very large rural & semi-urban lending pool: Keki Mistry, HDFCBandhan-Gruh’s merger to create a very large rural and semi-urban lending pool, says HDFC vice-chairman.
Bandhan Bank to buy Gruh Finance in share swap dealGruh Finance has total assets of Rs 15970.97 crore with turnover of Rs 1687.19 crore.
Rural expertise, steady growth help Gruh Finance climb valuation chartsAlthough Gruh is also from the HDFC stable, it is trading at 12.6 times the price-to-book value, nearly threefour times higher than HDFC Ba...
- Buy Gruh Finance Ltd with a target of Rs 285: Sandeep Wagle
"Gruh Finance Ltd is a 'BUY' call with a target of Rs 285 and a stop loss of Rs 252."
- Gruh Finance Ltd with a target of Rs 295: Mitesh Thacker
"Gruh Finance Ltd is a 'BUY' call with a target of Rs 295 and a stop loss of Rs 263.90"
- Buy Gruh Finance with a target of Rs 264: Prakash Gaba
'Gruh Finance Ltd is a 'BUY' call with a target of Rs 264 and a stop loss of Rs 251'
- Buy Gruh Finance with a target of Rs 290: Ashwani Gujral
"Buy Gruh Finance with a target of Rs 290 and stop loss of Rs 265."
- Buy Gruh Finance with a target of Rs 315: Ashwani Gujral
Gruh Finance Ltd is a 'BUY' call with a target of Rs 315 and a stop loss of Rs 289.
- Buy Gruh Finance Ltd with a target of Rs 274: Ashwani Gujral
'Gruh Finance Ltd is a 'BUY' call with a target of Rs 274 and a stop loss of Rs 252.'
- Buy Gruh Finance Ltd with a target of Rs 265: Ashwani Gujral
"Gruh Finance Ltd is a 'BUY' call with a target of Rs 265 and a stop loss of Rs 238."
- Buy Gruh Finance with target price of Rs 362: Ashwani Gujral
Gruh Finance is a 'BUY' call with a target of Rs 362 and a stop loss of Rs 334.
- Buy Gruh Finance Ltd with a target of Rs 235: Prakash Gaba
Buy Gruh Finance Ltd with a stop loss of Rs 222.