Is Bandhan Bank private or Nationalised?

Bandhan Bank

“Aapka Bhala, Sabki Bhalai”
Type	Public
Products	Banking, commodities, credit cards, equities trading, insurance, investment management, mortgage loans, mutual funds, private equity
Revenue	₹78.73 billion (US$1.0 billion) (2020)
Operating income	₹54.46 billion (US$720 million) (2020)

Is Bandhan Bank a nationalized bank?

Bandhan Bank is the first instance of a micro-finance entity in India transforming into a universal bank. It received an in-principle approval from the RBI in April 2014 and the banking regulator’s final nod on June 17, 2015.

Is Bandhan Bank regulated by RBI?

Kolkata: The Reserve Bank of India (RBI) has authorised Bandhan Bank as an Agency Bank of the RBI for undertaking Government business. With this, Bandhan Bank joins ranks with a few other scheduled private sector banks to be empanelled as Agency Banks of the RBI.

How strong is Bandhan Bank?

BANDHAN continues to report strong (36.6\% y-o-y/9.5\% q-o-q) deposit growth of ~Rs 780 bn, led by robust (~61\% y-o-y/~11\% q-o-q) growth in CASA deposits. The CASA ratio improved by ~50bp q-o-q to 43.4\%. The proportion of Retail deposits stood at 79\% v/s 81\% in Q3FY21 and 78\% in FY20.

What is the salary of Bandhan Bank?

Bandhan Bank Salaries

Job Title	Salary
Relationship Officer salaries – 8 salaries reported	₹14,383/mo
Banking salaries – 6 salaries reported	₹15,067/mo
Relationship Manager salaries – 6 salaries reported	₹18,434/mo
Assistant Branch Head salaries – 6 salaries reported	₹77,922/mo

Is IPPB a Nationalised bank?

INDIA POST PAYMENTS BANK LIMITED, a public limited company wholly owned by the Government of India through Department of Post under Ministry of Communication and set up under the Companies Act, 2013, and the Banking Regulation Act, 1949 as a Payments Bank under the Department of Posts and in line with relevant …

Is Union bank a Government?

About Us. Union Bank of India is one of the leading public sector banks of the country. The Bank is a listed entity and the Government of India holds 83.50 percent in Bank’s total share capital.

How Bandhan Bank is different from other banks?

“Bandhan is in a different space compared to other universal banks. Its DNA is financial inclusion and to serve the vast unserved segments of our society,” says Samit Ghosh, founder of Ujjivan Financial Services, one of India’s most successful non-banking finance companies (NBFCs), which is now a small finance bank.

Why Bandhan Bank is going down?

Bandhan Bank share fell nearly 4\% today after the lender said its loans and deposits have declined on a quarter-on-quarter (QoQ) basis in a business update to the stock exchanges. The large cap stock has fallen after 3 days of consecutive gain.

What is the full form of Bandhan Bank?

Bandhan Bank Ltd. is an Indian banking and financial services private company headquartered in Dalhousie Kolkata, West Bengal. Bandhan Bank is present in 34 out of 36 states and Union Territories of India. Presently Bandhan Bank has 5,197 banking outlets pan-India serving more than 2.25 crore customers.

Who is Bandhan Banks’ Board of directors?

The board of directors included Harun Rashid Khan, former deputy governor of Reserve Bank of India, for a five-year term between 2011 and 2016. Bandhan Banks’s equity shares are listed on the Bombay Stock Exchange and National Stock Exchange of India. The IPO got oversubscribed by almost 15 times at the end of the three-day long issue.

When did Bandhan Bank get listed on the bourses?

On March 27, 2018, Bandhan Bank got listed on the bourses and became the 8th largest bank in India by market capital, on the day of listing. Bandhan started its microfinance operations from Bagnan, a small village 60 km from Kolkata. The model followed was individual lending through group formation.

How many customers does Bandhan have in India?

Read the Bandhan story Banking that’s reachable 2.25 crore customers and counting 5,283 Banking outlets spread across 34 out of 37 states and union territories in India 487 Accessible, voice-enabled ATMs 29+ lakh