Bandhan Bank's value halves in 11 weeks, falls by â¹42,000 cr
Bandhan Bank shares have fallen nearly 50% since their record high on August 9, wiping out nearly â¹42,000 crore from the bank's market capitalisation. The RBI recently barred the private sector lender from opening new branches and froze the CEO's salary after it failed to meet rules on promoter shareholding. The bank's stock is now close to its issue price.