Bandhan Bank has opened its first currency chest in Deedargunj in Patna in Bihar. This will help the bank to manage cash for its branches and ATMs there. This currency chest will also help its customers, micro, small, medium enterprises and small traders with supply of currency notes to the bank branches and the ATMs as and when required. Currency chest is a place where the Reserve Bank of India (RBI) stocks the money meant for banks and ATMs.
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.