Bandhan Bank to open 14 branches in south Indian states

bandhan bankBandhan Bank announced it will open 14 branches in the five southern states – Karnataka, Kerala, Tamil Nadu, Andhra Pradesh and Telangana.

The Bank has commenced its nationwide operations from August 23. These branches will reportedly be operational on the same day.

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

Bandhan will merge the micro-finance institution business with the bank, as per RBI requirements. However, it will carry on its micro-loan activities through its existing 2,022 low-cost service outlets.

"Exciting news! Elets Banking & Finance Post is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest insights!" Click here!

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.