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About Us

Bandhan Bank Limited was incorporated on 23rd December 2014 as a wholly-owned subsidiary of Bandhan Financial Holdings Limited. Bandhan received the ‘in-principle’ approval of the Reserve Bank of India (RBI) for setting up a universal bank in April 2014; the banking regulator gave its final nod in June 2015. Incidentally, Kolkata-headquartered Bandhan is the first bank to be set up in eastern part of India after Independence.

Bandhan Financial Holdings Ltd. is owned by Bandhan Financial Services Limited (BFSL), the largest micro finance organization in India. Its public shareholders include International Finance Corporation (IFC) FIG Investment Company, Small Industries Development Bank of India (SIDBI), Caladium Investment Pte. Ltd. (a company managed by GIC Special Investments Private Limited) and a few individuals.

Our Story

The Bandhan Group received a conditional approval from the Reserve Bank of India (RBI) for setting up a universal bank in April 2014 – one of the two among 25 applicants that included some of the big business conglomerates in India. The banking regulator gave its final nod in June 2015.

Late Shri Arun Jaitley, Union Minister for Finance, Corporate Affairs and Information & Broadcasting, Government of India, inaugurated the bank on August 23, 2015 in Kolkata – the first bank to be set up in eastern part of India after Independence. The grand function was attended by the regulators, policy makers and luminaries from financial sector and corporate India. Late Shri Pranab Mukherjee, the then, Honourable President of India, graced Bandhan Bank's first anniversary function on August 23, 2016 in Kolkata.

Bandhan Bank is driven by a constant desire to serve better. Bandhan Bank started with 501 branches, 50 ATMs and 2,022 Banking Units on day one. Presently, Bandhan Bank has 4,586 banking outlets pan-India serving more than 2.03 crore customers.
The bank has mobilised deposits more than Rs. 60,610 crore and its total advances stand at Rs. 74,331 crore taking the total business to Rs.1,34,941 crore as on June 30, 2020. The bank has a team of 41,563 employees on roll.

Bandhan Bank offers its world-class banking products and services to urban, semi-urban and rural customers alike. It is a bank for all but the focus remains unchanged to meet the financial needs of people who are overlooked by the formal banking system and create better education, health care and self-employment opportunities. In sync with the philosophy of ‘Aapka Bhala, Sabki Bhalai ’ and keeping financial inclusion at the heart of it, Bandhan is committed to provide a host of products and services, competitively at par with India’s top private and state-owned banks.

The success of the organization is measured by the million lives it has touched and the communities that have blossomed with its tireless efforts. Simply put, when you choose to bank with Bandhan, you are choosing to be instrumental in the nation’s larger growth story.

Philosophy

Vision

‘To be a world class bank for convenient and affordable financial solutions to all, in an inclusive and sustainable manner’.


Mission

‘To provide our customers accessible, simple, cost-effective and innovative financial solutions in a courteous and responsible manner. To create value for all stakeholders through a committed team, robust policies and superior systems and technology’.

Values

Our values are anchored around our business ethics, consumer focus and corporate responsibility towards society at large.

CREATE

C - Cost effective and simple

R - Respect for all

E - Exemplary governance

A - Accountability, professionalism and discipline

T - Transparency and integrity

E - Effective team work and commitment

Success Stories

  • Sunita Reang - Tripura

    She lived kilometres away from the city, in a village with no electricity and bound by communal restrictions. With some support and understanding, making Tribal Cloth is now a flourishing business for Miss Sunita Reang.

  • Rekha Ekkaldev - AHMEDNAGAR

    A business is no business without capital, realized Mrs Rekha Ekkaldev after 7 years of continuous effort at establishing her Ganesh Idol Making venture. Today she has everything from machinery to labour and a large scale production of Ganesh Idols.

  • Shehnaz Hussain - DELHI

    Mrs Shehnaaz Hussain's daughter insisted on a family suit making business so that she could spend more time with her parents who were rather busy with their individual jobs. Shehnaaz may have lost her daughter, but she kept her dream alive.

  • Sanjay Domari - GUWAHATI

    From selling wood to vegetable vending, Mr.Sanjay Domari did plenty to sustain himself and his family. Now, after 10-15 years, he employs a number of handpicked people and runs his own garments factory.

Board of Directors

Leadership