Bandhan Financial Services is looking at ways for its investors to exit. The company has hired an investment banker to explore options. This move aligns with regulatory requirements for Bandhan Bank. The promoter’s stake needs to be reduced. Options include selling shares to private equity funds or an initial public offer. The company’s performance is improving.
Sebi to review FPI rules, align with global norms
The Securities and Exchange Board of India is set to release a consultation paper aimed at refining compliance requirements for foreign portfolio investors. Chairman Tuhin