Bandhan Bank has informed that there is an update as regards the claim raised by the Bank to National Credit Guarantee Trustee Company (NCGTC) under the Credit Guarantee Fund for Micro Units (CGFMU) Scheme. The Bank has received claim payout of Rs. 289.59 crore under the CGFMU scheme (computed as Rs 314.68 crore assessed as claim payout as at March 31, 2024, net of Rs 25.09 crore pertaining to recoveries from eligible accounts from April 1, 2024 to October 31, 2024).
The above information is a part of company’s filings submitted to BSE.
