Bandhan Bank shares plunge 12% as promoter explores stake sale for long-term investor exits

Bandhan Bank’s shares tumbled 12% after the board signaled a possible stake sale, hiring Jefferies to gauge private‑equity interest as it works to trim the promoter’s holding to 26% by 2030. The move comes amid a sharp 52% YoY profit drop but a quarter‑on‑quarter rebound, and a healthy 11% deposit growth, raising questions on valuation and exit routes for long‑term investors.