Bandhan Bank has started the fiscal year 2019-20 on a promising note with asset growth at 39.36% along with stable asset quality in Q1. During the year, the Bank expects the Gruh merger to get consummated which will bring diversification and will add to growth.
Bandhan Bank is an Indian banking and financial services company headquartered in Kolkata, West Bengal. Bandhan, which started as a micro-finance company in 2001, received banking licence by Reserve Bank of India in 2014.