Bandhan Bank is going to gradually lower exposure to microcredit in percentage terms over the next three to five years. When the private lender started operations in August 2016, microcredit constituted 85 per cent of its total loan portfolio.
As per the Bank, its exposure to microcredit at present is 61 per cent. Over the next three to five years, the bank's ratio of micro and non-microcredit will be 50:50.
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.
