Premium: An Expensive Bandhan Buys An Expensive Gruh. Is the Combined Entity Attractive?
Bandhan Bank, built out of the performing Microfinance company, is now buying a small housing loan company, GRUH Finance. This is a deal that’s taken both stocks down since the announcement – with Bandhan falling to the level that it listed at after its IPO. At Capitalmind, we take a look at what’s happened. Bandhan