New Delhi, Oct. 13 -- Bandhan Bank share price jumped over 8%, hitting an intraday high of Rs.171.68 per share on NSE, in Tuesday's trading session following reports that Abu Dhabi-based International Holding Company (IHC) was among the investors holding preliminary discussions to acquire a stake in the lender's promoter, Bandhan Financial Services (BFSL).

IHC is the investment firm of Sheikh Tahnoon bin Zayed Al Nahyan, Abu Dhabi's deputy ruler and national security adviser. According to an Economic Times (ET) report, BFSL holds slightly more than one-third of Bandhan Bank's equity.

The proposed stake sale could also provide an exit route for Singapore's sovereign wealth fund GIC and the International Finance Corporation (IFC), which h...