Bandhan Financial Services to start bank on August 23


bandhan bankBandhan Financial Services has received the final sanction to function as a universal bank. Chandrasekhar Ghosh, CMD of the company, said that operations will be formally launched in Kolkata on 23 August.

“We have received the final bank licence from RBI. We will start operations with 500-600 branches on August 23,” said Ghosh.

The Bandhan Bank will focus on  retail and micro enterprises in unbanked or under-banked rural areas.

The bank will also introduce ATM service.

Get a chance to meet the Who's who of the BFSI industry. Join Us for 5th NBFC100 Tech Summit, Mumbai and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.