StockWatch
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Private Sector Bank
Clarification27 Oct 2026, 01:16 pm

Bandhan Bank Denies Acquisition Talks with First Abu Dhabi Bank

AI Summary

Bandhan Bank Ltd has issued a clarification regarding a news item published on moneycontrol.com on October 27, 2026, which mentioned First Abu Dhabi Bank scouting for acquisitions in India and named Bandhan Bank as a potential target. The bank categorically denies any involvement in such discussions or proposals, stating that the reference is factually incorrect. Bandhan Bank emphasized its commitment to regulatory compliance.

Key Highlights

  • Bandhan Bank denies any acquisition discussions with First Abu Dhabi Bank.
  • The bank states the news item referencing it is factually incorrect.
  • Bandhan Bank reaffirms its commitment to regulatory compliance.
  • The clarification addresses market speculation reported by media.