BlackRock decreased its stake in Bandhan Bank from 1.27% to 1.02%, selling 4,038,561 shares worth ₹68.42 Cr at an average price of ₹169.43 per share.
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.
World's largest asset manager, headquartered in New York. Manages USD 14 trillion globally. India FPI exposure spans active funds, iShares ETFs and emerging market strategies.
