Bandhan Bank Promoter Plans Stake Sale Amid RBI Rule, Investor Exit Needs Bandhan Bank's promoter, Bandhan Financial Services, is reportedly hiring Jefferies to explore a stake sale or initial public offering (IPO), aiming to provide exits for long-term investors like the International Finance Corporation (IFC) and GIC Ventures. This move is also intended to comply with a regulatory requirement mandating a reduction of promoter stake to 26% by 2030. The announcement triggered a sharp decline in the bank's stock price, despite recent gains. Concerns over its high valuation, declining current account savings (CASA) ratio, and challenges in management succession have complicated its path forward. The stock price plummeted to its lower circuit limit on Monday following reports that Bandhan Financial Services, which currently holds about 39.74% of Bandhan Bank, is considering significant stake sales or an IPO. These actions are driven by two primary goals: facilitating exits for long-term investors and adhering to the Reserve Bank of India's (RBI) directive to reduce promoter ownership. Global investment bank Jefferies has been engaged to assess investor interest, signaling a serious intent to pursue these options. Any large-scale stake sale or IPO could significantly alter the bank's ownership structure and valuation. Despite a roughly 30% rise in the bank's stock price over the past year, investor concerns about potential dilution and the immediate impact of restructuring have led to the steep decline. Bandhan Bank's net profit for the third quarter of fiscal year 2026 fell 51.79% year-on-year to ₹205.59 crore, though it showed an 83.78% sequential recovery. This mixed financial performance, combined with a declining CASA ratio of 27.#reserve_bank_of_india #jefferies #international_finance_corporation #bandhan_bank #bandhan_financial_services
Bandhan Bank shares plunge over 12% amid promoter exit speculation Shares of Bandhan Bank Ltd fell sharply by 12.22% on Monday, reaching a low of Rs 154.15 in trading. The decline was marked by unusually high trading volumes, with approximately 9.43 lakh shares changing hands on the BSE—more than double the two-week average of 4.21 lakh shares. The stock’s turnover amounted to Rs 15.45 crore, reducing the lender’s market capitalisation to Rs 25,791.65 crore. The steep drop followed reports suggesting Bandhan Financial Services, the bank’s promoter, is considering exit strategies for certain long-term investors. In response, both the BSE and NSE requested clarification from Bandhan Bank. As of the latest update, the bank had not yet provided a formal response. The exchange filing noted that on March 16, 2026, the stock was cited in news reports linking the price decline to "promoter exploring stake sale, IPO to facilitate investor exits." The exchange’s query for clarification remains pending. From a technical perspective, the stock was trading below all key simple moving averages, including the 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day levels. The 14-day Relative Strength Index (RSI) stood at 38.91, indicating a weak but not extreme oversold condition. A level below 30 typically signals oversold conditions, while values above 70 suggest overbought status. According to BSE data, Bandhan Bank’s standalone price-to-earnings (P/E) ratio was 25.44, and its price-to-book (P/B) ratio was 1.19. The company reported standalone earnings per share (EPS) of Rs 6.25, with a return on equity (RoE) of 4.25%. Trendlyne data revealed the stock’s one-year beta of 1.3, reflecting relatively high volatility compared to the market. Meanwhile, promoter holdings in the bank decreased slightly to 39.#bse #nse #bandhan_bank #bandhan_financial_services #bandhan_bank_shares
