Bandhan Bank Shares Surge on Potential $600 Million Stake Purchase

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Shares of Bandhan Bank rose sharply by approximately 7% on Tuesday. The surge followed news that a group led by Abu Dhabi's Sheikh Humaid bin Khalid Al Qassimi is exploring a significant investment. The potential deal involves acquiring a stake worth up to $600 million in the Indian private lender. This interest from a Gulf-based investor highlights continued international confidence in India's financial sector. The development was reported by the Economic Times.

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