Banking News
Read the full story
Source: Economic Times
Economic Times
Source
RBI & Policy
Category
4 min
Read time
21 Sept
Published
RBI & Policy
4 min read· Economic TimesBandhan Bank promoter to gradually reduce stake to meet RBI norms
Bandhan Financial Services will reduce its stake in Bandhan Bank gradually. The promoter aims to comply with RBI regulations by 2030. Recent share sales occurred on the open market, lowering holdings. A proposed stock split will divide shares to attract retail investors. Shareholders will review this plan at the up…
Bandhan Financial Services will reduce its stake in Bandhan Bank gradually. The promoter aims to comply with RBI regulations by 2030. Recent share sales occurred on the open market, lowering holdings. A proposed stock split will divide shares to attract retail investors. Shareholders will review this plan at the up
#RBI
Source: Economic Times