
Bandhan Bank Limited has recently informed exchanges that it has received a claim payout of ₹289.59 crore under the Credit Guarantee Fund for Micro Units (CGFMU) Scheme.
This follows a claim assessment of ₹314.68 crore as of March 31, 2024, adjusted for recoveries of ₹25.09 crore from eligible accounts between April 1 and October 31, 2024.
In the exchange filing, Bandhan Bank shared, “The Bank has received claim payout of Rs. 289.59 crore under the CGFMU scheme (computed as Rs. 314.68 crore assessed as claim payout as at March 31, 2024, net of Rs. 25.09 crore pertaining to recoveries from eligible accounts from April 1, 2024 to October 31, 2024).”
Bandhan Bank’s stock opened at ₹150.06, with a high of ₹151.50 and a low of ₹148.55 on the latest trading day. The bank’s 52-week high stands at ₹232.65, while the 52-week low is ₹137.00.