Shares of Bandhan Bank crashed 20 per cent Monday as the Reserve Bank restrained the company from opening new branches and also ordered freezing of remuneration of its CEO Chandra Shekhar Ghosh for not meeting the licensing conditions.
The stock after a weak opening further tumbled 20 per cent to Rs 451.20 its 52-week low -- on BSE.
At NSE, shares of the company tanked 20 per cent to hit one-year low of Rs 452.20,
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