Bandhan Bank gets regulatory relief to bring down promoter stake
- By Reuters |
- Oct 12, 2018
- Last Updated at 16:11 IST
India's Bandhan Bank Ltd said on Friday the country's securities regulator exempted it from a restriction on promoters selling shares for one year after listing.
The Reserve Bank of India had earlier barred the lender from opening new branches and froze its chief executive officer's salary for failing to bring down its main shareholder's stake to below 40 percent.
Bandhan Bank's shares closed 0.5 percent lower on Friday.
RELATED NEWS
Posted on 21- Feb- 2019
.jpg)
Posted on 21- Feb- 2019
Posted on 21- Feb- 2019
Posted on 21- Feb- 2019
Posted on 21- Feb- 2019
Posted on 21- Feb- 2019
Posted on 21- Feb- 2019
Posted on 21- Feb- 2019
Posted on 21- Feb- 2019
Posted on 21- Feb- 2019
The Big Stories
Wall Street on track to snap recent run of gains after weak data... Read More
India needs to spur growth amid low inflation outlook: RBI's monetary policy committee... Read More
Gold falls off 10-month peak after Fed stance; palladium retreats... Read More
U.S., China resume trade talks to thrash out structural agreements... Read More
India overhauls oil and gas exploration rules to lift output... Read More
Wall St. opens lower after grim economic data... Read More
LIVE ADVISORY
TESTIMONIALS
SACHIN PATEL
Good performance services ..Keep up the good work!!! Really appreciate your effort.
SACHIN PATEL
Good performance services ..Keep up the good work!!! Really appreciate your effort.
Dr. Ravindra Dhivare
Advisorymandi.com is really appreciable . As they give proper calls & levels with proper SL. Advis... Read More
Dr. Ravindra Dhivare
Advisorymandi.com is really appreciable . As they give proper calls & levels with proper SL. Advisorymandi,com teaches us, how to trade in share market in proper way. Personalized services also tell you about your services like, phone calls, reminders & other suggestions are really very appreciable with polite conversations. Outstanding team effort as they are very cooperative , polite and helps in sorting out problems and queries in best possible manner.
SHAKTI
Working with Advisorymandi.com was the best decision of my life. The work is highly credible. A BIG... Read More
SHAKTI
Working with Advisorymandi.com was the best decision of my life. The work is highly credible. A BIG THANKS for their virtuoso services.
ADITYA
ADVISORYMANI.COM is a platform where you can know everything about share market and how to trade?It... Read More
ADITYA
ADVISORYMANI.COM is a platform where you can know everything about share market and how to trade?It is a best Platform for a beginner who has just started trading. Employee of advisorymandi are very friendly. They are always ready for you to help in any condition. From my opinion every beginner who wants to be a successful trader , they the should join "ADVISORYMANDI.COM"
MANDEEP
YOUR WORK SPEAKS VOLUMES OF THE KIND OF CONCEPTS IT IS-EFFICIENT,ORGANIZED and RESULT ORIENTED. WELL... Read More
MANDEEP
YOUR WORK SPEAKS VOLUMES OF THE KIND OF CONCEPTS IT IS-EFFICIENT,ORGANIZED and RESULT ORIENTED. WELL DONE!! ADVISORYMANDI.COM AND TEAM
OPINION POLL
Will Nifty breach 10600 till expiry?
- YES
- NO
- CAN'T SAY
