Bandhan Bank’s 14.9% stake acquisition by HDFC will be test case for RBI shareholding guidelines

The deal will allow Bandhan Bank's promoter Bandhan Financial holding to come down to about 61 per cent from about 82 per cent, and HDFC to hold around 15 per cent in the merged entity from about 57 per cent in Gruh.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2TBc0wH