Bandhan Bank shares rallied 9% to touch an intraday high of ₹171.68 on Tuesday, October 13, following reports that IHC, the investment arm of Abu Dhabi’s national security adviser Sheikh Tahnoon bin Zayed al‑Nahyan, is in early‑stage talks to buy a stake in the bank’s promoter, Bandhan Financial Services. The shares have jumped 18.7% since the beginning of the year, fallen 1% over the past month, and risen 2% in the last six months, underscoring the volatility surrounding the lender’s valuation.

According to The Economic Times, people with knowledge on the matter said IHC is among those discussing a potential investment in Bandhan Financial Services, which owns a little more than a third of Bandhan Bank. The report highlighted the involvement of Sheikh Tahnoon bin Zayed al‑Nahyan, the deputy ruler of Abu Dhabi, as the key figure behind IHC’s interest in the private‑sector lender.

Bandhan Bank later clarified the development, stating that it is not aware of any such transaction and has not received any communication regarding a stake purchase. The bank added that, because it is unaware of any such development, it is not in a position to comment on the correctness of the news item and that the article has no material impact on the bank.

In its Q1 FY27 results, Bandhan Bank posted a 35% year‑on‑year growth in net profit after tax (PAT) at ₹501.66 crore, up from ₹371.96 crore in the same period a year earlier. Interest income advanced 2.8% to ₹5,630.55 crore from ₹5,475.61 crore. Provisions for bad loans fell 40% YoY to ₹682.58 crore from ₹1,146.90 crore, while gross non‑performing assets (NPA) declined by 181 basis points to 3.15% from 4.96% in the previous year’s June quarter.

At 2:40 PM on October 13, Bandhan Bank shares were trading at ₹170.29, up 8.12% on the National Stock Exchange. The stock has reached a 52‑week high of ₹220.76 on July 15, 2026, and a 52‑week low of ₹134.25 on December 9, 2026. The bank’s total market capitalisation stood at ₹27,449.12 crore as of that date, reflecting the 18.7% rise in share price since the start of the year.