SBI Mutual Fund raises Bandhan Bank stake to 7.13%
BANDHANBNK · price
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On the reaction day the stock moved 0.2 pts more than Nifty Smallcap 250 and 0.2 pts less than its Private Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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SBI Mutual Fund bought 2,59,97,814 shares (1.61%) of Bandhan Bank on July 22, 2026, through market purchase. Its holding rose from 5.52% to 7.13% of paid-up capital. This is a SEBI Regulation 29(2) disclosure triggered by the fund crossing the 2% acquisition threshold in a financial year while already holding above 5%.
A major domestic fund increasing its stake signals institutional confidence in Bandhan Bank and pushes the holding closer to the 10% disclosure trigger.