Bandhan Bank is eyeing to gradually increase its exposure to secured loans by enhancing advances to the housing and MSME sectors. Presently, the bank's exposure to MFI loans, which are unsecured, is 47 percent, and the share of its advances to the housing segment is at 24 percent, retail at two percent, and the micro, small and medium enterprises sector at 27 percent.
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.
