Bandhan Bank
Bandhan Bank Limited was incorporated on December 23, 2014 as a wholly-owned subsidiary of Bandhan Financial Holdings Limited, owned by Bandhan Financial Services Limited (BFSL), the largest microfinance organization in India. Its public shareholders include International Finance Corporation (IFC), SIDBI, Caladium Investment Pte. Ltd. (a company managed by GIC Special Investments Private Limited), ...Show More
Bandhan Bank Limited was incorporated on December 23, 2014 as a wholly-owned subsidiary of Bandhan Financial Holdings Limited, owned by Bandhan Financial Services Limited (BFSL), the largest microfinance organization in India. Its public shareholders include International Finance Corporation (IFC), SIDBI, Caladium Investment Pte. Ltd. (a company managed by GIC Special Investments Private Limited), Bandhan Employees Welfare Trust & a few individuals. Bandhan Bank started with a capital base of â¹2,570 crore & this has been raised to â¹3,334 crore as on March 31, 2016. This translates into more than 29.01% CAR for the new bank, signifying its robustness. It started with 501 branches, 50 ATMs & 2,022 Doorstep Service Centres (DSCs) on day 1. Presently, Bandhan Bank has 5,640 banking outlets pan-India serving more than 2.69 crore customers.
The bank has mobilised deposits more than â¹93,057 crore and its total advances stand at â¹96,650 crore taking the total business to â¹1,89,707 crore as on June 30, 2022. The bank has a team of 61,247 employees on roll. Bandhan Bank is driven by a constant desire to serve better. The Kolkata-headquartered bank has two divisions - micro banking & general banking, offering a suite of retail financial solutions, including a variety of savings & loan products. Bandhan Bank seeks to offer world-class banking products & services to urban, semi-urban & rural customers alike. It is a bank for all but the focus remains unchanged to meet the financial needs of people who are overlooked by the formal banking system & create better education, health care & self-employment opportunities. In sync with the philosophy of âAapka Bhala, Sabki Bhalaiâ and keeping financial inclusion at the heart of it, Bandhan is committed to provide a host of products & services, competitively at par with Indiaâs top private bank. ...Show Less
Industry
Banking
Company Size
1,001-5,000 Employees
Headquarter
Vijayawada
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