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206 INR
1.7
0.82%
Last update May 8, 3:29 PM IST
Market closed
Day range
203.64999
207.89999
Previous close
207.70000
Open
207
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Bandhan Bank Ltd.
206.00
1.70
0.82%

Overview

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Description

Bandhan Bank Ltd. is a prominent Indian banking institution that operates primarily in the banking and financial services sector. Established as a microfinance entity, the bank gained its full-fledged banking license in 2014, marking a significant transition into mainstream banking. Bandhan Bank focuses on offering a wide range of financial services, including retail banking, commercial banking, and loans targeted towards underbanked and unbanked sectors. It emphasizes microloans, catering particularly to rural segments and providing credit to small and medium enterprises (SMEs), which are critical drivers of the Indian economy. Headquartered in Kolkata, Bandhan Bank has established a comprehensive network of branches across India, enhancing accessibility to banking services for its customers. Its significant emphasis on financial inclusion and service offerings tailored to the microfinance sector distinguish it in the market. Bandhan Bank plays a vital role in the financial landscape by contributing to the socio-economic development through its emphasis on community-based banking initiatives and inclusive growth strategies. As a relatively new entrant among India's private banks, it continues to expand its reach and services, reinforcing its market presence.

About

CEO
Mr. Partha Pratim Sengupta
Employees
75000
Address
Adventz Infinity@5
Floors 12-14 BN 5, Sector V Salt Lake City
Kolkata, 700091
Phone
91 33 6609 0909
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Banks - Regional
Country
India
MIC code
XBOM
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