Bandhan Financial Services plans to gradually reduce its holding in Bandhan Bank to align with Reserve Bank of India ownership norms by 2030, signalling a measured unwind rather than a forced exit. The promoter has already trimmed its stake through open-market sales, while a proposed stock split is aimed at widening retail participation and improving liquidity ahead of shareholder approval at the annual general meeting.
"Bandhan promoter to trim stake steadily as RBI compliance deadline nears"
Bandhan Financial Services plans to gradually reduce its holding in Bandhan Bank to align with Reserve Bank of India ownership norms by 2030, signalling a measured unwind rather than a forced exit. The promoter has already trimmed its stake through open-market sales, while a proposed stock split is aimed at widening retail participation and improving liquidity ahead of shareholder approval at the annual general meeting.
Bandhan promoter to trim stake steadily as RBI compliance deadline nears
RDU Global Wire
Banking, Fintech & Insurance Desk
Bandhan Financial Services plans to gradually reduce its holding in Bandhan Bank to align with Reserve Bank of India ownership norms by 2030, signalling a measured unwind rather than a forced exit. The promoter has already trimmed its stake through open-market sales, while a proposed stock split is aimed at widening retail participation and improving liquidity ahead of shareholder approval at the annual general meeting.
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