First Abu Dhabi Bank eyes Bandhan Bank for a potential acquisitions

First Abu Dhabi Bank has been exploring acquisition opportunities in the Indian financial market to expand its presence.
• According to investment bankers, FAB’s senior management is said to have held meetings with Bandhan Bank and a Kerala-based bank.
No official confirmation is out yet and the deal could take decent time to materialise given the length of regulatory approvals in the process.
A successful acquisition would mark a major turning point in India's banking sector landscape.

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