Bandhan Bank facts for kids
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| Public | |
| Traded as | |
| ISIN | INE545U01014 |
| Industry | Financial services |
| Founded | 23 August 2015 |
| Founders | Chandra Shekhar Ghosh |
| Headquarters | Kolkata, West Bengal, India |
|
Number of locations
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Nearly 6,350 banking outlets (31 March 2025) |
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Area served
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India |
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Key people
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| Products |
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| Revenue |  ₹21,034 crore (US$3.6 billion) (2024) |
|
Operating income
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 ₹6,639 crore (US$1.1 billion) (2024) |
| ₹2,230 crore (US$380 million) (2024) |
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| Total assets | ₹273,000 crore (US$46 billion) (2025) |
|
Number of employees
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73,000 (2025) |
Bandhan Bank is a company that helps people with their money, like a bank. Its main office is in Kolkata, West Bengal, India. It offers many services, from helping individuals save money to supporting large businesses.
Contents
How Bandhan Bank Started
Bandhan Bank started in 2001. It wasn't a bank at first, but a group helping people, especially women, learn about money and get small loans. This was done to help more people become financially stable.
Early Days and Growth
They began in a small village called Bagnan, near Kolkata. They helped people by giving small loans, often to groups of friends or neighbors. This type of lending is called microfinance. Bandhan focused on helping people in areas where there weren't many banks.
In 2006, Bandhan grew bigger by taking over another financial company. This helped them offer more microfinance services. By 2010, Bandhan became the largest microfinance organization in India.
Becoming a Bank
In April 2014, the Reserve Bank of India (RBI) gave Bandhan permission to apply for a bank license. On June 17, 2015, Bandhan officially received its banking license. This was a big moment because it was the first time a microfinance organization in India became a full bank.
Bandhan Bank opened its doors on August 23, 2015. The then Finance Minister of India, Arun Jaitley, officially opened the bank in Kolkata. Some of its early investors included big groups like International Finance Corporation and a fund from Singapore.
On March 27, 2018, Bandhan Bank's shares were listed on the stock market. On that day, it became the 8th largest bank in India based on its market value.
Expanding Services
In October 2019, Bandhan Bank grew even more by joining with GRUH Finance Limited. GRUH Finance was a company that helped people get loans to buy homes. This merger helped Bandhan Bank offer even more types of loans and services.
Where Bandhan Bank Operates
Bandhan Bank has banking locations in almost all states and union territories across India. As of March 31, 2025, it has nearly 6,350 banking outlets.
When it first started as a bank on August 23, 2015, it had 501 branches, 50 ATMs, and 2,022 smaller banking units. The bank focuses on helping people who don't have easy access to banking services. About 73% of its branches are in rural and semi-urban areas.
What Services Bandhan Bank Offers
Bandhan Bank provides many services to its customers. These include:
- Savings and Current Accounts: Places where people and businesses can keep their money.
- Fixed Deposits: Ways to save money for a set time to earn interest.
- Credit Cards: Cards that let people borrow money for purchases.
- Loans: Money lent for homes, personal needs, or businesses.
- Insurance and Mutual Funds: Ways to protect money and invest it for the future.
Who Owns Bandhan Bank
The shares of Bandhan Bank are traded on India's main stock exchanges, the BSE and the NSE.
Bandhan Financial Holdings Limited (BFHL) owns a significant part of the bank. Other large shareholders include Housing Development Finance Corporation Limited and Caladium Investment Pte. Limited.
See also
- Banking in India
- List of banks in India
- Reserve Bank of India
