The deal will allow Bandhan Bank#39;s promoter Bandhan Financial Holdings to come down to about 61 percent from about 82 percent, and HDFC to hold around 15 percent in the merged entity from about 57 percent in Gruh.Awaiting Sebi approval for completion of merger with Gruh Finance, says Bandhan Bank
The deal will allow Bandhan Bank#39;s promoter Bandhan Financial Holdings to come down to about 61 percent from about 82 percent, and HDFC to hold around 15 percent in the merged entity from about 57 percent in Gruh.
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