BusinessPhoto: Mint MarketsBandhan Bank Shares Rise 8% on Abu Dhabi Investor Talks
Bandhan Bank's share price surged over 8% to ₹171.68 on NSE after reports that Abu Dhabi's International Holding Company (IHC) is in preliminary talks to acquire a stake in Bandhan Financial Services, the bank's promoter. This potential deal may also offer an exit for Singapore's GIC and IFC, long-time investors. BFSL currently holds over one-third of Bandhan Bank's equity and must reduce promoter stake to 26% by 2030 as per RBI rules.
Mint Markets·




