RBI's licensing norms require a bank to bring down promoter holding to 40 % within 3 years of operation - which, for Bandhan Bank, will be by Aug 23
Bandhan plans to stick to its Grameen model, creating a unique hybrid model of banking.
Raksha Bandhan celebrations calls for rich, sweet fare to toast our siblings.
Post your Raksha Bandhan videos on rediff!
What sets Bandhan apart is the roots it has in the world of the rural poor.
'It's advisable not to go overboard on a banking sector fund or any other sector fund.'
Most lenders that have reported their April-June business update posted slower growth in deposits sequentially as compared to the loan growth in the April-June quarter of 2024-25 (FY25). Current and savings account (CASA) deposits continue to face pressure. Private-sector lenders YES Bank, Bandhan Bank, and RBL Bank saw their deposit growth contract by 0.5 per cent, 1.5 per cent, and 2 per cent, respectively.
C S Ghosh, founder of Bandhan Bank, believes his unique business model is not comparable to any financial institution in India -- neither small finance banks, nor big private sector banks -- and hence the valuations are justified.
We bring you glimpses of Raksha Bandhan celebrations from across the country.
We are inviting you, our readers, to tell us of the most memorable moments you've shared with your brother or sister. Send us your rakshabandhan pics!
A look at the lovely photographs.
To celebrate the special bond between siblings on the occasion of Raksha Bandhan, we invited readers to share special moments they've spent with their brothers/sister. Here are some of the responses we received. Share yours!
What are you cooking this Raksha Bandhan? We want to know!
Wondering how to nail the ethnic look for this festival?
The Kolkata-based firm already has a presence in 22 states with over 2,000 branches and 5.9 million borrowers.
Bandhan Bank to fund SMEs, create jobs, says FM
Analysts on Wednesday welcomed the Reserve Bank's decision to grant bank licences to Bandhan and IDFC, but expressed dismay that only two of the over two dozen aspirants made the cut.
West Bengal Governor C V Ananda Bose reached Delhi on Monday night amid speculations that he may meet President Droupadi Murmu and senior leaders.
In any case, Ghosh could take lessons from the best professionally managed companies all over the world that always groom the CEO successors well in advance.
Bandhan has a strong presence in India's under-banked eastern and northeastern regions.
Bandhan expects to have a loan portfolio of Rs 14,500 crore.
As Swades turns 20, Aseem Chhabra looks back at the film that spoke to him.
Bandhan has got fresh equity infusion of Rs 1,020 crore.
The microfinance vertical of the bank will provide loans of Rs 80,000 to Rs 1,00,000.
The Central Bureau of Investigation (CBI) on Tuesday dismissed a fake letter being circulated on social media in connection with the ongoing probe into the rape and murder of a trainee doctor at RG Kar Medical College in Kolkata.
The Kolkata Police on Tuesday began an investigation against RG Kar Medical College and Hospital's former principal Sandip Ghosh for his alleged involvement in 'financial irregularities' in the state-run health facility, a senior officer said.
Bandhan Financial Services, which is to start banking operations soon, has received a combined equity commitment of Rs 1,600 crore (Rs 16 billion) from International Finance Corp (IFC) and GIC, Singapore's sovereign wealth fund.
All the existing microfinance businesses of the company and clients will be transferred to the bank
Here's what your favourite Bollywood celebrities are tweeting.
Kolkata's creme de la creme turned up at the launch of Bandhan, The Making of a Bank, but the evening nevertheless had an informal touch typical of the young bank with CMD Chandra Shekhar Ghosh personally welcoming the dignitaries, reports Indrani Roy/Rediff.com.
Our visa operations in Bangladesh constitute the largest visa operations India conducts worldwide. This has taken a hit after Sheikh Hasina's government was overthrown and India reduced its diplomatic presence in Bangladesh, notes Aakar Patel.
Healthcare services remained affected at state-run hospitals in West Bengal as junior doctors continued their cease-work protest.
August 21 is Raksha Bandhan and we are asking you, our readers, to post photographs of unusual rakhis
We invited readers to share special brother-sister pics with us for Raksha Bandhan -- here's the next set of responses!
One should not allow politics to enter home, Pawar, who is currently on a statewide 'Jan Samman Yatra', told Marathi news channel Jai Maharashtra.
Bandhan financial Services will raise funds via internal accruals.
Union Minister for State for Communications Ashok Pradhan has said the government will provide 'substantial' relief under a special package, on basic and mobile phones of BSNL, being presented as gifts to sisters on Raksha Bandhan on Tuesday.
Bandhan Bank has filed a draft red herring prospectus with Sebi for an IPO of up to 119 million equity shares, with face value of Rs 10 each.
'Nitish Kumar may take a decision to dump the BJP alliance by November.'