Bandhan Bank gets CCI nod for merger with Gruh Finance

19-04-2019

Bandhan Bank has received approval from the Competition Commission of India (CCI) for merger with Gruh Finance with the bank. The approval has been made under sub-section (1) of Section 31 of the Competition Act, 2002.The merger move was taken to bring down promoter holding in the bank to 61% from 82.3%.

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