Bandhan Bank Now Has 125 Banking Outlets Across 15 States
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Bandhan Bank has opened 125 banking outlets across 15 states. The Bank already had a strong network of 1,010 bank branches, which now stands at 1,013. With a network of 3,206 Banking Units and the 195 Home Loan Service Centres that are operating in the country now, the total number of banking outlets now stands at 4,414. The Bank has its presence across 34 of the 36 states and union territories in India.
The opening of the new banking outlets comes days after the Reserve Bank of India (RBI) lifted the restriction on new branch opening for the Bank. Out of the 125 new Banking Outlets, 42 have been opened in Uttar Pradesh, 29 in Rajasthan, 12 in Madhya Pradesh, 7 each in Andhra Pradesh and Telangana, 6 in Bihar, 5 in Chhattisgarh, 4 in Orissa, 3 in Tamil Nadu, 2 each in Uttarakhand, Karnataka, Maharashtra, and Assam, and 1 each in Delhi and West Bengal.
As on December 31, 2019, Bandhan Bank served 1.9 crore customers and had deposits worth Rs.54, 908 crore and advances worth Rs.65, 456 crore. The total business of the Bank stood at Rs.1, 20, 364 crore.