Bandhan Bank - in a sweet spot?

How did you calculate “forward 0.8 times P/BV and 6 times PE”

RBI 10 Feb 2026 approved ICICI Prudential group to acquire up to 9.95 percent stake in Bandhan Bank
:backhand_index_pointing_right: A large, credible institutional investor (ICICI group) wants permission to become a near 10% strategic shareholder.

I am seeing ICICI Prudential group got similar approval today for other banks like Federal bank , Equitas small finance bank, IDFC first bank, RBL bank .

@Vignesh_Prakasam You are right, there are a total of 8 banks. However, this is a positive sign that the ICICI Group believes in the banking sector and is willing to deploy a significant amount of capital. By acquiring a 9.95% stake in Bandhan Bank, it can help restore investor confidence in the bank, which has been missing for quite some time.

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Approval Granted By The RBI To SBI Mutual Fund To Acquire ‘Aggregate Holding’ Of Up To 9.99% Of The Paid-Up Share Capital Or Voting Rights In Bandhan Bank