Bandhan Bank shares jump 9% to cross Rs 200-mark. Here's why

Shares of Kolkata-based Bandhan Bank rose by 9% following RBI's approval of Partha Sengupta as the bank's new MD & CEO, with his tenure starting no later than November 10, 2024. The forensic audit related to insurance claims has been completed. Nearly 85% of the total insured portfolio under the CGFMU scheme has been repaid.