Coverage
Bandhan Bank
Abu Dhabi’s IHC and First Abu Dhabi Bank Eye 25%–32% Stake in Bandhan Bank Promoter BFSL via Jefferies
Abu Dhabi-based International Holding Company (IHC)—the flagship investment conglomerate chaired by Abu Dhabi Deputy Ruler and National Security Adviser Sheikh Tahnoon bin Zayed Al Nahyan—and First Abu Dhabi Bank (FAB) are in early-stage talks to acquire a 25% to 32% stake in Bandhan Financial Services Limited (BFSL), the unlisted promoter entity of Bandhan Bank.
Changing of the Guard: Bandhan Bank CFO Rajeev Mantri Steps Down, Vinay Jain Takes Helm as Interim Financial Chief
As the Kolkata-based private lender continues its multi-year diversification beyond microfinance, Rajeev Mantri concludes his tenure while seasoned banking veteran Vinay Jain assumes interim financial stewardship through March 2027.
Bandhan Bank’s Credit-Card Bet: Timely Strategic Pivot or High-Risk Detour?
Bandhan Bank's stock jumped 4.5% following its four-tier credit card rollout with Mastercard. While the move accelerates diversification away from microfinance, fierce oligopoly competition and unsecured credit costs loom large.
Bandhan Bank stock falls 19% despite 35% jump in Q1 net profit
Management cut FY27 exit RoA guidance to 1.2%–1.4% from 1.6%–1.8%, and investors read that as a signal that margin pressure and rising costs are structural, not temporary.
Axis Bank names Rajeev Mantri as new CFO, effective September 28, 2026
Mantri, former CFO of Bandhan Bank, moves into one of Axis Bank's most influential roles, overseeing capital allocation and regulatory compliance.
Bandhan Bank enlists Rohit Shetty for cyber fraud awareness push
With online financial fraud losses at ₹22,495 crore and over 24 lakh complaints filed in 2025, Bandhan Bank is betting pop culture works better than compliance texts.
Bandhan Bank CFO Rajeev Mantri resigns after two years, raising governance questions
Chief Financial Officer Rajeev Mantri has resigned from Bandhan Bank following a tenure of barely two years since February 2024. The abrupt departure raises questions about internal controls and leadership stability.
Bandhan Bank raises FD rates up to 20 bps as deposit competition intensifies
Senior citizen FD yields near 8% even as RBI holds the repo rate unchanged, signalling a liquidity squeeze rather than a policy-driven rate move.
How Bandhan Bank became India's first microfinance-to-universal bank in 14 years
Chandra Shekhar Ghosh left a ₹5,000/month salary to build a microfinance institution on trust. The RBI's 2015 universal banking licence made Bandhan the first MFI to cross that bridge.
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