HDFC Bank acquires Bandhan Bank stake.
BANKING AND CREDIT NEWS-October 31, 2019--HDFC Bank acquires Bandhan Bank stake
(C)2019 M2 COMMUNICATIONS http://www.m2.com
Global Banking News - 31 October 2019
India-based HDFC Bank has announced that it has purchased a stake in India-based Bandhan Bank.
As many as 159.3m of the bank's shares (9.89 percent stake) were transferred to HDFC Bank in the deal. Earlier this month, Bandhan Bank merged with Gruh Finance, which brought down the promoter's...
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