Year-End Special: Acquisitions and mergers of mutual funds in 2022Here's a look at the mergers and acquisitions that happened in 2022 and the changes that they brought along with them for the investors.
21 Dec, 2022, 01.58 PM IST
IDFC Mutual Fund to be renamed Bandhan Mutual FundIDFC AMC is one of the top 10 AMCs in the country with an average assets under management of over Rs 1.2 lakh crore. It has investment prod...
01 Dec, 2022, 10.37 AM IST
Bandhan Financial Holdings gets Sebi nod to buy IDFC’s stake in IDFC AMCThe Reserve Bank of India and Competition Commission of India had already approved the takeover.
29 Nov, 2022, 08.46 PM IST
CCI clears Rs 4,500 crore deal between Bandhan Fin Holdings-led consortium, IDFCThe transaction includes acquisition of 99.96 per cent stake in IDFC Asset Management Company Ltd and 100 per cent shareholding in IDFC AMC...
02 Aug, 2022, 08.02 PM IST
Bandhan consortium buys IDFC Mutual Fund. What should investors do?IDFC Mutual Fund is set to be acquired by a consortium comprising Bandhan Financial Holdings Limited, GIC and ChrysCapital for Rs 4,500 cro...
08 Apr, 2022, 02.03 PM IST
Bandhan Bank shares rise 4% after block deal reportsAccording to the data, more than 5.2 crore shares exchanged hands on BSE, while over 95 lakh shares exchanged hands on the National Stock E...
08 Apr, 2022, 10.04 AM IST
Bandhan-led group to buy IDFC MF, deal valued at ₹4,500 croreThe consortium led by the Kolkata-based owner of Bandhan Bank trumped the US based Invesco that partnered with buyout firm Warburg Pincus a...
07 Apr, 2022, 12.41 PM IST
IDFC plunges 7% after Bandhan-led group wins bid to acquire IDFC AMCThe board of directors of IDFC Ltd and the board of directors of IDFC Financial Holding Company at their respective meetings on Wednesday h...
07 Apr, 2022, 10.36 AM IST
Bandhan-led group wins bid to own IDFC MFThe consortium led by the Kolkata-based owner of Bandhan Bank trumped the US based Invesco that partnered with buyout firm Warburg Pincus a...
06 Apr, 2022, 10.10 PM IST
Team Bandhan leads race to buy IDFC Mutual FundThe acquisition, if completed, will expand Bandhan Group's presence in the financial services sector. It will be the second big purchase by...
06 Apr, 2022, 04.37 AM IST
PE firms partner each of four IDFC MF suitors; TPG-IndusInd, Bandhan Bank-GIC among consortia in frayThe TPG-IndusInd combination is competing with three other such groups that have got formed ahead of the mid-March binding bid deadline. It...
28 Feb, 2022, 09.40 AM IST
Bandhan Employees’ Welfare Trust and Angshuman Ghosh together buy a 25% stake in Nicco Parks & ResortsThey acquired the shares for Rs 35.5 crore from Nicco Corporation, the insolvent cable maker placed for liquidation in 2017 by the National...
01 Nov, 2021, 10.05 AM IST
Investments in YES Bank aimed at maintaining financial stability in system, not RoI: SBI chiefThe scrip made a weak debut at bourses, plunging nearly 13 per cent, against its issue price of Rs 755.
16 Mar, 2020, 11.17 AM IST
Bandhan Bank to invest Rs 300 crore in YES BankICICI Bank, Housing Development Finance Corp Ltd, Axis Bank and Kotak Mahindra Bank too on Friday said they will join the SBI-led consortiu...
14 Mar, 2020, 12.38 PM IST
Bandhan Bank’s bid for PNB Housing a tactical move; some analysts cautiousThe Bandhan Bank stock made a dream market debut in March this year.
27 Aug, 2018, 04.14 PM IST
Private lender Bandhan Bank joins the fray to buy PNB Housing FinanceThe lender has already had preliminary management meetings with the PNB Housing top brass led by MD, Sanjaya Gupta. Goldman Sachs is believ...
23 Aug, 2018, 09.57 AM IST
Bandhan Bank joins the race for PNB HousingThe bank has to reduce its promoter stake to 40 per cent within three years of starting its business
23 Aug, 2018, 09.29 AM IST