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Bandhan Bank gets RBI approval to acquire Gruh Finance

Nidhi Jani 0 2221 Article rating: 5.0

Shares of Bandhan Bank and Gruh Finance fell in early trade on Monday after receiving approval from the Reserve Bank of India for the amalgamation of Gruh Finance. Bandhan bank received the 'No Objection' from the RBI for the proposed scheme of amalgamation with GRUH Finance, the bank informed the exchanges post-market on Friday.

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