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Bandhan Bank gets empanelled by Reserve Bank of India to act as agency bank

02 Nov 2021 Evaluate

Bandhan Bank has been empanelled by the Reserve Bank of India (RBI) to act as an agency bank to facilitate transactions related to government businesses. The RBI's decision will help Bandhan Bank in contributing to nation-building.

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.

Peers
Company Name CMP
HDFC Bank 704.25
ICICI Bank 1345.00
Axis Bank 1256.00
Kotak Mahindra Bank 443.00
Indusind Bank 852.90
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