Rbi Penalty-on-bandhan-bank

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HDFC acquires 9.89% stake in Bandhan Bank as part of merger scheme; over 15.93 cr shares transferred to mortgage firm
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HDFC acquires 9.89% stake in Bandhan Bank as part of merger scheme; over 15.93 cr shares transferred to mortgage firm

Earlier this month, Bandhan Bank merged with Gruh Finance, which brought down the shareholding of the promoter from 82.26 percent to 60.96 percent.