 "During June quarter of FY21, the private bank reported 32 per cent fall in the net profit at Rs 550 crore as against Rs 804 crore in the previous-year period")
Bandhan Bank shares gained 2.4 per cent to quote at Rs 294.4 per share on the BSE on Tuesday after the Reserve Bank of India lifted the restrictions imposed on the remuneration of private lender Bandhan Bank’s managing director and chief executive officer (MD&CEO) – Chandra Shekhar Ghosh, after the bank's promoter, Bandhan Financial Holdings, reduced its stake in the bank to 40 per cent by offloading 21 per cent stake earlier this month, to meet the regulator’s ownership norms.
At 9:34 am, the stock was trading 1.8 per cent higher at Rs 292.6 apiece on the BSE as against
