Bandhan Bank is planning to open 187 new branches by the end of the FY20, taking the total number to 1,187. The Bank’s board has approved 200 new branches in the current fiscal, out of which 13 had already been opened. The Bank will also open 340 doorstep service centres by FY20.
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.