Bandhan Bank shares plunge 12% as promoter explores stake sale for long-term investor exits

Bandhan Bank shares plunge 12% as promoter explores stake sale for long-term investor exits

Bandhan Bank shares fell sharply after ET reported that Bandhan Financial Services is exploring long-term investor exits. Options under consideration include selling stakes to private equity or an IPO. The move aligns with regulatory mandates to reduce promot…

Shares of Bandhan Bank fell as much as 12.5% to their days low of Rs 154 on the BSE on Monday after The Economic Times reported that Bandhan Financial Services is exploring exit options for its long … [+2380 chars]