Bandhan Bank is planning to open 551 more branches in the 2022-23 fiscal (FY23), as a part of the lender's focus to make its distribution stronger in other parts of India outside the eastern region. With the latest addition, the Kolkata-headquartered bank's branch count will exceed 6,000.
Besides, the bank's push for digital and tech transformation has been a great success, with 92 per cent of the total transactions taking place through the digital route. The Bank will continue to expand its product portfolio, having recently added mutual funds to the lender's list of offerings.
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.
