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    Intimation NOC RBI

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    PUNALE MICHEL REDDY
    Bandhan Bank received a no objection letter from the Reserve Bank of India for its proposed scheme of amalgamation to merge GRUH Finance Limited into Bandhan Bank. The scheme remains subject to other applicable regulatory approvals. The letter notified the stock exchanges of the receipt of RBI's no objection and confirmed that the scheme is still pending other regulatory approvals outlined in the draft scheme uploaded to Bandhan Bank's website.

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    Intimation NOC RBI

    Uploaded by

    PUNALE MICHEL REDDY
    310 views2 pages
    Bandhan Bank received a no objection letter from the Reserve Bank of India for its proposed scheme of amalgamation to merge GRUH Finance Limited into Bandhan Bank. The scheme remains subject to other applicable regulatory approvals. The letter notified the stock exchanges of the receipt of RBI's no objection and confirmed that the scheme is still pending other regulatory approvals outlined in the draft scheme uploaded to Bandhan Bank's website.

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    Intimation-NOC-RBI

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    Bandhan Bank received a no objection letter from the Reserve Bank of India for its proposed scheme of amalgamation to merge GRUH Finance Limited into Bandhan Bank. The scheme remains subject to other applicable regulatory approvals. The letter notified the stock exchanges of the receipt of RBI's no objection and confirmed that the scheme is still pending other regulatory approvals outlined in the draft scheme uploaded to Bandhan Bank's website.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    310 views2 pages

    Intimation NOC RBI

    Uploaded by

    PUNALE MICHEL REDDY
    Bandhan Bank received a no objection letter from the Reserve Bank of India for its proposed scheme of amalgamation to merge GRUH Finance Limited into Bandhan Bank. The scheme remains subject to other applicable regulatory approvals. The letter notified the stock exchanges of the receipt of RBI's no objection and confirmed that the scheme is still pending other regulatory approvals outlined in the draft scheme uploaded to Bandhan Bank's website.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    Bandhan Bank Limited

    Bandhan Bank Head Office: DN 32,Sector V, Salt Lake City, Kolkata 700 091 1 CIN:U67190WB2014PLCZ04622
    Aapka Bhala, Sa bki Bhalai. Phone: +91·33-66090909, 4045 6456 I Fax:033 66090502 I website: www.bandhanbank.com

    Refno: BBL/318/18-19

    March 15,2019

    The National Stock Exchange of India Limited BSELimited


    The Listing Department Dept of Corporate Services
    ExchangePlaza, Phiroze JeejeebhoyTowers,
    Bandra Kurla Complex, Dalal Street, Fort,
    Mumbai - 400051 Murnbai - 400001
    NSE Symbol: BANDHANBNK BSE Scrip Code: 541153

    Dear Sir/Madam,

    Sub.: Receipt of "No Objection" from the Reserve Bank of India for the proposed
    scheme of amalgamation of GRUH Finance Limited into and with Bandhan Bank
    Limited under Sections 230to 232 of the Companies Act, 2013and other applicable
    provisions

    Disclosure under Regulation 30(7) of the SEBI (Listing Obligations and


    Disclosure Requirements) Regulations, 2015 ("SEBI LODR")

    This is with reference to our letter dated January 7, 2019,informing you about the decision ( f
    the board of directors of Bandhan Bank Limited ("Transferee Company" or the "Bank")
    approving the scheme of amalgamation of eRR Finance Limited ('Transferor "Company")
    into and with the Transferee Company and their respective shareholders and creditors under
    Sections 230 to 232 of the Companies Act, 2013 (including the Companies (Compromises,
    Arrangements and Amalgamations) Rules, 2016} and other relevant provisions under
    applicable law ("Scheme of Amalgamation"), subject to receipt of applicable regulatory and
    other approvals.

    In this regard, we would like to inform you that the Reserve Bank of India ("RBr) has by
    its letter dated March 14, 2019, conveyed its "No Objection" for the voluntary
    amalgamation of GRUH Finance Limited into and with Bandhan Bank Limited, subject I:n
    compliance with the terms and conditions specified therein.

    The Scheme of Amalgamation remains subject to receipt of applicable regulatory and other
    approvals as identified in the draft Scheme of Amalgamation uploaded 011 our website -
    https:/ /www.bandhanbank.com/Scheme ...Amalgarnation-Gruh-Finance-Limited.

    Page 1 of 2
    Bandhan Bank Limited
    Head Office: DN 32, SectorV, Salt Lake City, Kolkata 700091 1ClN: !.l67190WB2014PLC204622
    Phone: +91-3-3-66090909, 4045 6456 1Fax:033 6609 05021 Website: www.bandhanbank.com

    You are requested to kindly take the above on record.

    Tha king you,

    Yours faithfully,
    for andhan Bank Limited

    -_ C!J~
    IndJanil Banerjee
    Company Secretary
    Me:thbership No. F9917

    Page 2 of 2

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