Private sector lender Bandhan buys Gruh in share-swap deal

Bandhan Bank said the share exchange ratio will be 568 shares of Bandhan Bank for every 1,000 shares of Gruh Finance BANDHAN BANKS ON GRUH FINANCE

BAY N I RU D H L ASKAR & G OPIKA G O PA KU M A R
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Private sector lender Bandhan Bank Ltd on Monday, 7 January, announced the acquisition of Gruh Finance Ltd through a share swap scheme, creating a lender that would have a market value of around ` 83,000 crore. In a filing made to stock exchanges...

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