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Net income. ₹2,195 crore (US$260 million) (2023) Total assets. ₹155,770 crore (US$19 billion) (2023) Number of employees. 77,500 (2024) Website. www .bandhanbank .com. Bandhan Bank Ltd. is a banking and financial services company, headquartered in Kolkata.
MD & CEO of Bandhan Bank [1] Spouse. Nilima Ghosh. Children. Angshuman Ghosh. Chandra Shekhar Ghosh, (born in August 8, 1960 at Bishalgarh in Tripura, India) is the Founder, MD & CEO of Bandhan Bank. [2] He has been one of the foremost proponents of financial inclusion in India. He has more than 30 years of experience in the microfinance and ...
The bank achieved a profit after tax (PAT) of ₹2,437 crore in the financial year 2023, maintaining a capital adequacy ratio of 16.82%. The bank's retail loans showing a gross non-performing asset (NPA) ratio of 1.65% and a net NPA ratio of 0.55% as of March 31, 2023. The overall gross NPA ratio is 2.51%, while the net NPA ratio is 0.86%.
The bank offers lending services to individuals and small businesses, along with liability products, card services, Internet banking, automated teller machines (ATM) services, depository, financial advisory services, and Non-resident Indian (NRI) services. [29] Axis bank is a participant in RBI's NEFT enabled participating banks list. [30]
There are 33 state co-operative banks in India. The Andaman and Nicobar State Co-operative Bank Ltd. The Andhra Pradesh State Co-operative Bank Ltd. The Arunachal Pradesh State co-operative Apex Bank Ltd. The Assam Co-operative Apex Bank Ltd. The Bihar State Co-operative Bank Ltd.
Union Bank of India, commonly referred to as Union Bank, is an Indian public sector bank headquartered in Mumbai. It has 153+ million customers and a total business of Rs.19,84,842 crores. [8] After the merging with Corporation Bank and Andhra Bank , which came into effect on 1 April 2020, the merged entity became one of the largest PSU banks ...
Wholesale funding is a method that banks use in addition to core demand deposits to finance operations, make loans, and manage risk. In the United States wholesale funding sources include, but are not limited to, Federal funds, public funds (such as state and local municipalities), U.S. Federal Home Loan Bank advances, the U.S. Federal Reserve's primary credit program, foreign deposits ...
On 4 April 2022, HDFC Ltd announced that it would merge with HDFC Bank, marking India's largest-ever M&A deal. [25] [26] As part of the merger, HDFC Ltd would transfer its home loan portfolio to HDFC Bank, while the bank offered depositors of HDFC Ltd the choice of either withdrawing their money or renewing their deposits with the bank at the interest rate that the bank was then offering.