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Arshathul Afia
Arshathul Afia is a journalism graduate and fintech content writer with 4+ years of experience in digital publishing and research-led writing. She has written 200+ articles covering personal finance, lending, banking, digital payments, credit, insurance, and major financial developments in India. At LoansJagat, she focuses on simplifying complex fintech news, RBI updates, loan-related changes, policy developments, and industry trends for everyday readers. Her journalism background helps her approach stories with research, context, and clarity, while her SEO experience ensures content remains discoverable and relevant. She aims to make financial news easier to understand, practical, and useful for readers across India.
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To avoid large, one-time sales that could upset the market, Bandhan Bank’s promoting group will decrease its stake in the bank progressively to reduce its shareholding to 26% by the 2030 deadline.
Bandhan Financial Services, the promoter of Kolkata-based Bandhan Bank, plans to sell shares in smaller batches rather than complete one bulk transaction. The plan was reported on 22 September 2026, after the promoter group’s holding had fallen to 37.54% on 30 June 2026. It must reach 26% by 2030 under the bank’s licensing timeline. The original 22 September report and the bank’s June shareholding filing record the announcement and latest holding.
The immediate risk concerns listed shareholders, as each new block of shares can increase supply and unsettle the price for a while. Depositors and borrowers face no announced change to accounts, loans or branch services. Over the longer term, the sale will widen public ownership and complete a requirement that has followed Bandhan Bank since it began banking operations.
A promoter selling shares through the secondary market changes ownership of the listed bank. It does not remove money from savings accounts, alter an existing EMI or rewrite a loan agreement. Bandhan Bank has not announced any related change to deposit rates, lending rates, account access or its branch network. For an ordinary customer, the proposal remains an ownership event unless the bank separately announces an operational decision.
There is another reason to keep the 2 stories apart. An earlier LoansJagat review recorded 7.2% annual loan growth and deposits of ₹1,57,975 crore for Q2 FY2025-26, with deposits up 10.9%. Those figures describe customer money and lending activity. The latest proposal concerns who owns the bank’s shares. Treating both as the same event would give borrowers the wrong impression.
Bandhan Financial Services chairman Chandra Shekhar Ghosh has rejected the idea of unloading the entire required stake at once. “There is sufficient time. We have no plans for a bulk offloading in one go,” he said in the 22 September 2026 report. His statement sets out the route, smaller transactions completed over the remaining period. It does not provide a date, price or quantity for the next sale.
Market behaviour in March 2026 helps explain the caution. Bandhan Bank shares fell after reports said the promoter was examining a stake sale or a possible listing at the promoter-company level. Analysts quoted in market coverage dated 16 March 2026 linked the decline to uncertainty over how long-term investors might exit. Smaller transactions, followed by prompt exchange filings, can reduce the shock of a single heavy block. They cannot remove market risk, and no such assurance has been given.
The reduction started before the latest announcement. Promoter holding stood at 39.74% on 31 December 2025, slipped to 38.98% on 31 March 2026 and reached 37.54% by 30 June. The movement shows a gradual pattern, although the promoter has not published a schedule covering every future transaction.
The table keeps the completed disclosures separate from the final target. Links are placed within the entries rather than in a separate source column.
Another 11.54 percentage points must come off the June 2026 holding. That calculation states the remaining gap, not the size of the next transaction. No public announcement has fixed the number of tranches, their dates or the buyers. Quarterly filings will therefore provide the most reliable record of completed changes.
Indian disclosure rules also help readers verify the trail. The promoter shareholding circular dated 13 August 2021 requires promoter and promoter-group details in listed-company filings. The corporate reporting notification dated 24 March 2021 requires financial statements to show promoter ownership and the percentage change during the year. These are 2 separate official records.
Bandhan Bank has faced a sizeable promoter reduction before. After the merger of GRUH Finance took effect on 17 October 2019, new shares issued to GRUH shareholders reduced the holding company’s stake from 82.26% to 60.96%. The company still had to bring the holding down further under the requirement then applicable to it.
On 3 August 2020, Bandhan Financial Holdings sold 33,73,67,189 equity shares through the secondary market. The transaction represented 20.95% of the bank’s paid-up voting equity and brought the holding down to 40%. The details appear in the bank’s filing dated 3 August 2020, reference BBL/089/2020-21. That was a large, single-day step. The route described in September 2026 is slower.
Ownership speculation returned on 16 March 2026 after reports discussed a possible stake sale and promoter-company listing. In filing BBL/SEC/229/2025-26, Bandhan Bank said it had received no communication about the reported development and did not know of any related talks. It also said the share-price movement appeared market-driven. That response reflected the information available to the bank on that date.
The September statement comes from the promoter’s chairman and gives the ownership discussion a more defined direction. It confirms an intention to reduce the holding gradually. Still, it does not announce a signed transaction. Readers should separate a stated plan from a completed sale until the relevant exchange filing appears.
Retail investors will mainly watch supply. If a promoter offers a sizeable block, more shares become available for purchase, and the market must absorb them. Price movement can depend on the transaction size, demand from institutional buyers, the sale price and the bank’s performance at that time. None of those factors have been announced for the next step.
Lower promoter ownership may increase the public float, which can make buying and selling easier. It also spreads ownership across a larger group. Yet promoter selling should not be read alone as a verdict on the bank. In this case, the chairman has linked the reduction to a dated ownership requirement and has said a bulk exit is not planned. Investors still need to examine earnings, asset quality, deposits and loan growth separately.
Bandhan Financial Services has chosen a phased path from 37.54% to 26% by 2030. The decision may reduce the risk of one sudden wave of share supply, though every completed sale can still influence trading. The next dependable update will be an exchange disclosure or a quarterly shareholding pattern showing an actual change.
Customers have little to act upon because no banking-service change accompanies the announcement. Shareholders have more to track. They will need to follow each filing, compare the remaining gap and judge the bank’s operating performance apart from promoter activity. That distinction keeps the ownership story in its proper place.
Bandhan Financial Services must bring its holding in Bandhan Bank down to 26% by 2030 under the reported licensing timeline. It held 37.54% on 30 June 2026. Chairman Chandra Shekhar Ghosh has said the promoter plans smaller sales rather than one bulk transaction.
No customer-facing change has been announced. A secondary-market sale transfers shares from the promoter to other investors. It does not, by itself, change deposit balances, loan contracts, EMIs or access to banking services.
No. The stated target is 26%, not zero. Reaching that level would leave the promoter with a substantial holding. The chairman’s comment also describes gradual dilution, not a complete departure from the bank.
They should examine why the shares are being sold and how large each transaction is. Here, the stated reason is an ownership deadline. A sale may create temporary price pressure, but it does not automatically show weaker banking operations.
No date has been announced. The promoter has not disclosed the number of future tranches, the quantity in each tranche or a price range. A completed transaction should be checked through the bank’s exchange disclosures rather than anticipated from an unconfirmed timetable.
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