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Bandhan Bank enters league of top-50 most valuable company

Bandhan Bank with an m-cap of Rs 640 billion stood at 50th position in overall m-cap ranking on the BSE at 10:37 am, the exchange data shows.

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A man leaves an automated teller machine (ATM) facility of Bandhan Bank in Kolkata

SI Reporter Mumbai
Bandhan Bank, the private sector lender, has entered the list of the top-50 most valuable companies in terms of market capitalization (m-cap) following a sharp surge in its stock price post listing.

Bandhan Bank, with an m-cap of Rs 640 billion, stood at 50th position in overall m-cap ranking on the BSE at 10:37 am, the exchange data shows. The bank climbed 5 positions in the m-cap pecking order since its debut on the bourses on March 27, 2018.

Bandhan Bank has surpassed fast moving consumer goods companies Dabur India and Britannia Industries, New India Assurance Company, Tech