RBI Approves SBI MF's Increased Stake in Bandhan Bank to 10%

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SBI MF Gets RBI Nod to Hike Bandhan Bank Stake to 9.99%

SBI MF Gets RBI Nod to Hike Bandhan Bank Stake to 9.99%

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CNBC TV18•26-02-2026, 13:43

SBI MF Gets RBI Nod to Hike Bandhan Bank Stake to 9.99%

•SBI Mutual Fund received RBI approval to acquire up to 9.99% stake in Bandhan Bank.
•The approval is subject to compliance with banking, foreign exchange, and securities regulations.
•SBI MF must complete the acquisition within one year, or the approval will lapse.
•Total holding must not exceed 9.99%; fresh RBI approval needed if stake drops below 5% and is to be raised again.
•Bandhan Bank reported a 51.6% fall in net profit to ₹205.6 crore in the December quarter.

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