City-based Bandhan Bank will open 16 more branches by June following the approval received from the Reserve Bank of India in 2018-19 to open 64 new branches.
Chandra Shekhar Ghosh, managing director & chief executive officer, Bandhan Bank, said that while 48 branches were opened by March 2019, the remaining branches would be opened this quarter.
Speaking on the occasion of opening a branch at Boral in South 24 Parganas, Mr. Ghosh said: “We are further strengthening our presence in West Bengal.”
Founded: 23 August 2015
Founder: Chandra Shekhar Ghosh
Headquarters: Kolkata, West Bengal
Number of branches: 986
Chairman: Dr. Anup Kumar Sinha
MD & CEO: Chandra Shekhar Ghosh
Bandhan Bank is the 8th largest bank in India by market capital (by March 27, 2018).