Aapka Bhala, Sabki Bhalai
|Private Sector Bank|
|Traded as||BSE: 950041|
|Founded||23 August 2015|
|Founders||Chandra Shekhar Ghosh|
|Headquarters||Kolkata, West Bengal, India.|
Number of locations
|1,000 branches  (2019)|
|1704.47 crore (US$290 million) (2017)|
|1111.95 crore (US$190 million) (2017)|
|Total assets||30236.09 crore (US$5.1 billion) (2017)|
|Total equity||Bandhan Financial Holdings Limited|
Number of employees
|32,774 (2018) |
Bandhan Bank is an Indian bank. It's headquarter is at Kolkata, West Bengal. The bank's core business is short-term microfinance. Currently, the bank is present in 34 Indian states and union territories.
History[change | change source]
In 2001, Bandhan started as a non-profit microfinance company from Bagnan, a small village 60 km from Kolkata. In 2006, Bandhan acquired a Non-banking Finance Company (NBFC) and later in 2014, Bandhan got approval for setting up a bank.
By 2015, the country's central bank, also known as Reserve Bank of India granted the universal banking license which allowed it to commence operations.
Merger[change | change source]
References[change | change source]
Other websites[change | change source]