Bandhan Bank Shares Rise 3% on 16 New Branches; Apr 30 Board Meet Eyed

Bandhan Bank Ltd shares surged 3.38% at 9:35 AM on the NSE on April 29, 2025, climbing ₹5.56 to touch a high of ₹170.29. The stock opened at ₹165.50, compared to its previous close of ₹164.26.

Strategic Growth Drives Rally

Bandhan Bank saw its share price jump more than 3% following the announcement of its latest expansion drive. The Kolkata-headquartered private lender inaugurated 16 new branches across five Indian states Odisha (7 branches), Bihar (3 branches), Jharkhand (3 branches), Andhra Pradesh (2 branches), and Chhattisgarh (1 branch).

The new branches were inaugurated by Partha Pratim Sengupta, Managing Director and CEO of Bandhan Bank. Commenting on the development, Sengupta highlighted the bank’s commitment to finding strategic growth opportunities while ensuring sustainable progress.

He reaffirmed Bandhan Bank’s goal of offering innovative and adaptable banking solutions tailored to the evolving needs of its customers.

Broadening Network for Financial Inclusion

All the newly launched branches are focused on serving semi-urban and rural areas, an important part of Bandhan Bank’s broader strategy to promote financial inclusion and strengthen its nationwide footprint.

According to the bank’s official statement, this expansion reflects its strategic intent to diversify and increase accessibility to modern financial services across India. By widening its branch network, Bandhan Bank continues to improve its outreach, making banking solutions more accessible in less-penetrated markets.

With these new additions, Bandhan Bank’s total number of branches has crossed 1,730, marking a major milestone in its expansion journey.

Bandhan Bank’s Upcoming Board Meet

Bandhan Bank Limited has officially announced its upcoming board meeting scheduled for April 30, 2025. The meeting will primarily focus on approving the audited financial results for the financial year ended March 31, 2025, and considering the proposal for a final dividend.

Read More: Bandhan Bank Board to Meet on April 30 for Q4 FY25 Results, Dividend.

Conclusion

Bandhan Bank’s robust expansion into semi-urban and rural areas underlines its strategic commitment to boosting accessibility to innovative banking services nationwide. The positive market response seen in the over 3% rise in share price reflects investor confidence in the bank’s growth strategy and its focus on long-term sustainable development.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.