RBI approves ICICI group to acquire up to 9.95% stake in Bandhan Bank

Creeping acquisition near the thresholdOwnership Changes View source PDF Explain this filing

BANDHANBNK · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.6%Reaction day

₹167.40

prior close

₹168.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.7%+2.3% vs market

Private Sector Bank peers, median of 19sector-0.9%+2.5% vs sector

On the reaction day the stock moved 2.3 pts more than Nifty Smallcap 250 and 2.5 pts more than its Private Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.9

10m

-1.5

15m

-2.0

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.6-0.7+2.3-0.9+2.5

Next day

-1.5-2.3+0.8-1.2-0.3

+0.2-2.4+2.6-0.8+0.9

+0.4-1.7+2.1+0.0+0.4

+2.3-1.2+3.4+0.6+1.7

+0.9-2.3+3.3-1.0+1.9

+3.5-2.1+5.6-0.3+3.8

15d

+9.3-5.8+15.1-3.5+12.8

+6.2-6.7+12.9-9.4+15.6

-0.7-4.2+3.5-4.9+4.2

+17.4+2.2+15.2-6.2+23.6

UpDownMarket · Nifty Smallcap 250Sector · Private Sector Bank peers, median of 19Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

RBI has approved ICICI Prudential AMC and group entities of ICICI Bank to acquire up to 9.95 percent of Bandhan Bank's paid-up share capital or voting rights. Approval valid for one year from February 10, 2026. Holding must not exceed 9.95 percent at any time. If holding falls below 5 percent, fresh RBI approval is needed to raise it again.

Likely market impact

Signals institutional interest from a major banking group; stake just below the 10 percent major shareholding threshold may influence shareholder mix and sentiment.