Government of Singapore trimmed its Bandhan Bank stake from 3.82% to 3.74% by selling 12,87,431 shares via an open market sale.
A private sector bank incorporated in 2014, Bandhan Bank operates across India with a focus on serving underbanked and underpenetrated markets. The company offers a comprehensive range of banking products and services including micro banking, retail deposits, and general banking solutions tailored for underserved customer segments. Its distinctive approach centers on financial inclusion through accessible credit and liability products designed for smaller businesses and retail customers.
Singapore sovereign investor (GIC), managing the Government of Singapore's foreign reserves. One of the world's largest SWFs with significant Indian equity holdings.
