Bandhan Bank

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Bandhan Bank
Private-sector bank
Traded as BSE950041
Industry Banking
Financial services
Founded 23 December 2014
Founders Chandra Shekhar Ghosh
Headquarters Kolkata, West Bengal, India.
Number of locations
840 branches (2016-17)
Key people
Chandra Shekhar Ghosh (MD, CEO)
Products Consumer banking, Loans, Mortgage loans, Private banking, Microfinance
Revenue Increase4,320.12 crore (US$640 million) (2017)[1]
Increase 1,704.47 crore (US$250 million) (2017)[1]
Increase 1,111.95 crore (US$170 million) (2017)[1]
Total assets Increase 30,236.09 crore (US$4.5 billion) (2017)[1]
Number of employees
24,220 (2017) [1]
Capital ratio 26.36% [1]

Bandhan Bank Ltd. is an Indian banking and financial services company headquartered in Kolkata, West Bengal.[2] Bandhan, which started as a micro-finance company in 2001, received banking licence by Reserve Bank of India in 2014.[3][4][5] Bandhan Bank became the 8th largest bank (27 March 2018) in India by market capital (₹ 56920 Cr).[6]


Bandhan Bank has Mr. Harun Rasid Khan as Chairman. He has been the Deputy Governor of the Reserve Bank of India in July 2016. Mr. Chandra Shekhar Ghosh is the founder cum managing director and chief executive officer.[7]


The RBI licensing norms stipulate that a new bank must have a ₹ 500 crore capital. Bandhan Bank starts with a capital base of ₹ 2,570 crore and this will be raised to ₹ 3,052 crore.[8] Bandhan Financial Holdings is owned by Bandhan Financial Services Limited (BFSL), the largest micro finance organization in India. The major investors in the parent company of Bandhan Bank are International Finance Corporation (IFC), Singapore Sovereign Wealth Fund GIC,[9] Financial Inclusion Trust, North Eastern Financial Inclusion Trust, Bandhan Employees Welfare Trust and Small Industries Development Bank of India (SIDBI).[10][11]


  1. ^ a b c d e f "Balance Sheet 31.03.2017" (16 March 2018).
  2. ^ "Bandhan to Focus on Deposits in Initial Years". NDTV. Retrieved 26 February 2015. 
  3. ^ "Deserving the honour". Business Today. Retrieved 26 February 2015. 
  4. ^ "Deserving the honour". Business Today. Retrieved 26 February 2015. 
  5. ^ "Meet Bandhan CMD Chandra Shekhar Ghosh, the man who pipped Birlas and Ambanis for a bank license. Ashok Lahiri has benn appointed as its chairman". The Economic Times. Retrieved 26 February 2015. 
  6. ^ "Bandhan Bank bigger than all PSU banks in market cap except SBI after bumper listing". The Financial Express. 2018-03-27. Retrieved 2018-06-03. 
  7. ^ "Bandhan appoints former chief economic adviser Ashok Lahiri as chairman". Retrieved 23 August 2015. 
  8. ^ "Bandhan Bank commences operation with loan book of Rs 10,500 cr". Retrieved 23 August 2015. 
  9. ^ "Bandhan Bank gets fund commitment from GIC, IFC". DNA India. Retrieved 26 February 2015. 
  10. ^ "MFIs' portfolio reaches historic high of Rs 35k cr". Business Standard. Retrieved 26 February 2015. 
  11. ^ "IFC picks up close to 11% in MFI Bandhan Financial Services for Rs 135 crore". The Economic Times. Retrieved 26 February 2015. 

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