NSENews Verification8 Sept 2026 · 8 Sept 2026, 04:38 pm
News Verification
Bandhan Bank Limited · BANDHANBNK
✦ AI Summary
Bandhan Bank clarifies on recent news article regarding the launch of four new credit cards in collaboration with Mastercard, stating that it is a normal business activity and does not constitute a material event.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10
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Full Announcement
The Exchange has sought clarification from Bandhan Bank Limited with respect to recent news item captioned Bandhan Bank shares rise up to 4% as lender unveils four new credit cards. The response from the Company is attached.
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BANDHANBNK_08092026163757_SE_Disclosure_Rumour_Verification_CreditCards_08092026_sd.pdf
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Ref. No.: BBL/SEC/146/2026-27
September 08, 2026
BSE Limited National Stock Exchange of India Limited
Dept. of Corporate Services The Listing Department
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G,
Dalal Street, Bandra Kurla Complex, Bandra (E),
Mumbai - 400 001 Mumbai - 400 051
BSE Scrip Code: 541153 NSE Symbol: BANDHANBNK
Dear Sir/Madam,
Sub.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (‘SEBI LODR’) - Clarification/ Confirmation on news item
appearing in "https://www.moneycontrol.com/"
This is in reference to recent news item which appeared in the "https://www.moneycontrol.com/" dated
September 08, 2026 captioned "Bandhan Bank shares rise up to 4% as lender unveils four new credit cards"
and increase in the scrip price of Bandhan Bank Limited (‘Bank’) by 4.62% on September 08, 2026, moving
from Rs. 164.50 to Rs 172.10, and the clarifications sought by BSE Limited (‘BSE’) and National Stock
Exchange of India Limited (‘NSE’) on the same.
In this regard, the Bank wishes to clarify the following:
1) Whether such negotiations/ events were taking place? If so, you are advised to provide the said
information along with the sequence of events in chronological order from the start of
negotiations/ events till date.
In this context, the Bank clarifies that it has announced the launch of its credit card portfolio, in
collaboration with Mastercard, on September 07, 2026. The launch forms part of the Bank's ongoing
efforts to strengthen its customer-centric product offerings and is undertaken in the ordinary course
of its banking business and operations permitted under the Banking Regulation Act, 1949 (‘BR Act’).
This product launch does not constitute a material event or information requiring disclosure under
Regulation 30 of the SEBI LODR and the Bank’s ‘Policy for Determination of Material Events/
Information’.
2) Whether you/ company are aware of any information that has not been announced to the
Exchanges which could explain the aforesaid movement in the trading? Further, you are advised
to provide the said information and the reasons for not disclosing the same to the Exchange
earlier as required under regulation 30 of the SEBI (LODR) Regulations, 2015.
The Bank would like to inform that it has furnished/ intimated, from time to time, to the Exchange(s),
all necessary events, information, which are considered material for the Bank, as required under the
provisions of Regulation 30 of the SEBI LODR. Further, the Bank has neither withheld disclosure of any
material information/ event nor is there any impending announcement, which may be considered as
material event or information for the Bank.
Further, as explained in para 1 above, the launch of credit card portfolio is in the ordinary course of
business of the Bank permitted under the BR Act and does not constitute a material event or
information requiring disclosure under Regulation 30 of the SEBI LODR and the Bank’s ‘Policy for
Determination of Material Events/ Information’.
Accordingly, the Bank understands that the increase/ movement in the price of the Bank's scrip is
purely market driven, on which the Bank has no control.
3) The material impact of this article on the Company.
There is no impact of this article on the Bank.
4) In case of regulatory/ legal proceedings please provide the information on initiation/ outcome
of the proceedings.
The referred news report doesn’t relate to any regulatory/ legal proceedings.
The Bank would like to state that the Bank gives utmost importance to regulatory compliance and
continues to comply with the applicable requirements under Regulation 30 of the SEBI LODR, from time
to time.
You are requested to take note of the above.
This disclosure is being simultaneously uploaded on the Bank’s website at www.bandhan.bank.in.
Thank you.
Yours faithfully,
for Bandhan Bank Limited
Indranil Banerjee
Company Secretary