Bandhan Bank promoter sells over 2% stake in 8 months, stake down to 37.9%
This story was originally published at 18:49 IST on 13 May 2026
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--Bandhan Bank promoter sells over 2% stake in 8 months, stake down to 37.9%
MUMBAI – Bandhan Financial Holdings Ltd., promoter of Bandhan Bank Ltd., has sold over 2% stake in the bank over the past eight months through the open market, according to an exchange filing. Following the sale, its shareholding in the bank declined to 37.9% from 40.00%, the filing said.
For the March quarter, Bandhan Bank reported a net profit of INR 5.34 billion on total income of INR 61.99 billion. On Wednesday, shares of the bank closed nearly 1% lower at INR 194.88 on the National Stock Exchange. End
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Reported by Shumaila Firoz
Edited by Avishek Dutta
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