BUZZ — India's Bandhan Bank gains after report Gulf investors eye stake in large shareholder
* Shares of Bandhan Bank rise 7.8% to 169.62 rupees, on track for three-day winning streak and its biggest daily rise since April * Abu Dhabi's International Holding Company among a group of Gulf investors in early-stage discussions to acquire a stake in Bandhan Financial Services, Economic Times reports citing sources * BFSL has a 37.5% stake in BANH - LSEG data * BFSL, led by Bandhan founder Chandra Shekhar Ghosh, has been working with Jefferies to find strategic investors for 25%-32% - ET * Deal would provide an exit for investors including Singapore's GIC and the International Finance Corporation, which have been exploring a partial or full sale - report * First Abu Dhabi Bank, Qatar Investment Authority, Carlyle and EQT have also been approached — ET * Bandhan Bank, BFSL, IHC, First Abu Dhabi Bank, QIA, Carlyle and EQT did not immediately respond to Reuters' requests for comment * YTD, stock up 16% (Reporting by Puyaan Singh in Bengaluru) ((puyaan.singh@thomsonreuters.com)