The Reserve Bank of India vide its letter dated February 25, 2020 has informed that though the Bank is still not in compliance with the licensing condition on dilution, considering the efforts made by the Bank to comply with the said licensing condition, it has lifted the regulatory restriction on branch opening, subject to the condition that Bandhan Bank Ltd ensures that atleast 25% of the total number of 'Banking Outlets' opened during a financial year are opened in unbanked rural centres.
Shares of Bandhan Bank Ltd was last trading in BSE at Rs.403.85 as compared to the previous close of Rs. 408.55. The total number of shares traded during the day was 140483 in over 5989 trades.
The stock hit an intraday high of Rs. 425.4 and intraday low of 402.2. The net turnover during the day was Rs. 57977148.