Bandhan Bank is planning to enter co-lending business, for which it will tie up with a couple of NBFCs. As per the Bank, the co-lending business will cover all verticals in which loans are given. The private lender will diversify both geographically and portfolio-wise, and remain committed to inclusive banking. The 94 per cent of the bank's transactions are done digitally.
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.