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FOUNDATION DAY

Bandhan Bank completes 4 years, U K Sinha delivers the anniversary lecture

Kolkata. Bandhan Bank, today, celebrated its 4th Anniversary. Mr. U.K. Sinha, former Chairman, Securities and Exchange Board of India (SEBI), graced the occasion as the chief guest and delivered the Anniversary Lecture on “Who is afraid of capital markets?”.

 Commenting on the occasion, U.K. Sinha said, “I was happy to be a part of Bandhan Bank’s Foundation Day. I feel privileged to be given the opportunity to deliver the Anniversary Lecture. Bandhan Bank has been making the headlines for all the right reasons. It is also great to see them expand their product suite to address customer needs. I am delighted to see the growth the bank is witnessing and I wish them the best for the future.”

The bank today launched a new savings account, called ‘Elite’, for high deposit customers. The Elite International Debit Card offers free insurance coverage for the customer and a host of lifestyle privileges like airport lounge access among others. The Elite account also provides unlimited digital and ATM transactions along with preferential handling of banking service requests.

 Chandra Shekhar Ghosh, MD and CEO, Bandhan Bank, said, “As we complete four years as a universal bank today, I feel grateful for the love, support and trust we have received from all corners of the country. It’s a big day for us as we launched a credit card range in partnership with Standard Chartered bank and also added a premium savings account to our product suite. I thank our esteemed customers and shareholders for believing in the Bandhan Bank story.”

  About Bandhan Bank

Bandhan started in 2001 as a not-for-profit enterprise that stood for financial inclusion and women empowerment through sustainable livelihood creation. It turned into an NBFC a few years later but the core objective remained financial inclusion. When Bandhan Bank started operations on August 23, 2015, it was the first instance of a microfinance entity transforming into a universal bank in India. On the day of launch itself, Bandhan Bank started with 2,523 banking outlets.

Bandhan Bank is driven by a constant desire to serve better. It offers world-class banking products and services to urban, semi-urban and rural customers alike. In the last few years of operations, Bandhan Bank has spread its presence to 34 states and union territories in India with 4,014 banking outlets serving 1.74 crore customers.

With its experienced management, diversified team and well entrenched distribution, Bandhan Bank is well poised to meet the aspirations of its customers and stakeholders.

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