Bandhan Bank Shares Fall Amid Promoter Stake Sale Reports; Sector Outlook Mixed

Bandhan Bank shares declined sharply amid reports that its promoter, Bandhan Financial Services, is exploring options such as stake sales to private equity or an initial public offering to facilitate exits for long-term investors like IFC and GIC Ventures. The promoter currently holds a 39.74% stake, with regulatory mandates requiring reduction to 26% by 2030. While the bank reported mixed quarterly results, it denied awareness of any such developments. Separately, analysts highlight positive prospects for private banks and NBFCs, citing resilient earnings, credit growth, and technological advancements driving sector growth through FY27 and beyond.