Bandhan Bank Meets RBI Ownership Norms After Promoter Stake Sale
The $3.2 billion merger between Bandhan Bank and Gruh Finance was the biggest M&A deal struck in the first quarter of 2019.

Bandhan Bank Meets RBI Ownership Norms After Promoter Stake Sale

Bandhan Bank Ltd. said it’s now in compliance with the regulatory ownership norms after its majority shareholder sold stake in the Kolkata-based microfinance lender-turned-universal bank.Promoter B...
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