Bandhan Bank has issued a clarification regarding a news item published on moneycontrol.com on October 27, 2026, which suggested potential acquisition discussions with First Abu Dhabi Bank. The bank explicitly denies any involvement in such discussions, stating that the reference to Bandhan Bank in the article is factually incorrect and that no acquisition-related proposals are underway with First Abu Dhabi Bank. The bank reaffirms its commitment to regulatory compliance.
Bandhan Bank Clarifies Acquisition Rumors
In response to a news item published on moneycontrol.com on October 27, 2026, titled “First Abu Dhabi Bank scouts for acquisition in India,” Bandhan Bank has issued a formal clarification. The article had named Bandhan Bank as potentially being involved in acquisition discussions.
Direct Denial of Involvement
Bandhan Bank categorically states that it is not involved in any such discussions. The bank emphasizes that the reference to it in the aforementioned article is factually incorrect. Bandhan Bank explicitly denies any reported speculation regarding acquisition-related discussions or proposals involving itself and First Abu Dhabi Bank.
Commitment to Compliance
The bank has reiterated its commitment to adhering to regulatory compliance. It continues to meet all applicable requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as and when required. This disclosure is also being uploaded to the Bank’s official website, www.bandhan.bank.in.
Source: BSE
