Pandas Groupby Range of Values

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Is there an easy method in pandas to invoke groupby on a range of values increments? For instance given the example below can I bin and group column B with a 0.155 increment so that for example, the first couple of groups in column B are divided into ranges between "0 - 0.155, 0.155 - 0.31 ...’

import numpy as np
import pandas as pd
df=pd.DataFrame({"A":np.random.random(20),"B":np.random.random(20)})

     A         B
0  0.383493  0.250785
1  0.572949  0.139555
2  0.652391  0.401983
3  0.214145  0.696935
4  0.848551  0.516692

Alternatively I could first categorize the data by those increments into a new column and subsequently use groupby to determine any relevant statistics that may be applicable in column A?

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