IHC, First Abu Dhabi Bank Explore Stake in Bandhan Promoter BFSL
International Holding Company and First Abu Dhabi Bank are among investors evaluating a potential stake in Bandhan Financial Services, the promoter entity of Bandhan Bank, according to people familiar with the matter. The move comes as early backers GIC and IFC seek an exit from their combined 30% holding, while BFSL works with Jefferies to attract strategic investors for a 25% to 32% stake.
