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The Economic Times

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RBI greenlights SBI Mutual Fund's plan to buy up to 9.99% in Bandhan Bank

The Reserve Bank of India has given the green light for SBI Mutual Fund to acquire a significant stake in Bandhan Bank. The fund house can now hold up to 9.99% of the bank's shares. This approval comes with specific conditions and timelines. SBI Mutual Fund must complete the acquisition within one year.

26 Feb 2026 4:34 pm