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Bandhan Bank triples number of branches to 1,500 in less than 8 years

28 Jun 2023 Evaluate

Bandhan Bank has trebled its branches in nearly eight years of its operations, totalling 1,500 at present. The bank now has a network of 4,500 banking outlets besides branches across the country. The Kolkata-based bank started operations with 501 branches on August 23, 2015. Presently, it is spread across 34 states and UTs.

The bank has diversified its asset base and expanded its geographical presence beyond its traditional regions, the east, and the northeast, with an even mix of rural and urban markets.

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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