Jammu, April 18 -- The shares of Bandhan Bank witnessed an increase of over 1% on Thursday, recovering slightly after declining to its lowest level in the previous session. The bank's stock price closed at Rs. 175.90, rising Rs. 2.05 or 1.18% during the day's trade. It had touched an intraday high of Rs. 176.40 but also dropped to Rs. 174.60 at one point.

The stock has been on a downward trend ever since the bank's Managing Director and CEO Chandra Shekhar Ghosh announced his plans to retire from the top position upon completion of his current term ending in July 2024. The uncertainty surrounding his successor has introduced volatility in the share value.

Ghosh had recently attempted to ease concerns, urging stakeholders "not to worry" ...