Pranab Mukherjee to attend Bandhan Bank’s 1st Foundation Day celebration in Kolkata

Kolkata, Aug 12 (KNN) Private sector lender Bandhan Bank, which commenced operations as a universal bank in August last year, will be celebrating its First Foundation Day on August 23 here. President of India, Pranab Mukherjee, will be present at the event.

Also, Keshari Nath Tripathi, Governor, West Bengal will be the Guest of Honour at the ceremony to be held at Science City Auditorium, Kolkata.

Bandhan Bank, which started commercial operations in August last year with 501 branches, recently opened its 700th branch in the city extending its network in the country.

Bandhan Bank now operates across 29 states and Union Territories through 3,082 touch points consisting of 700 bank branches, 2,142 Doorstep Service Centres (DSCs) and 240 ATMs catering to 8.9 million customers.

Since its launch, the bank has mobilized close to Rs 15,000 crore deposits, while its outstanding loan book is worth Rs 16,000 crore.

The bank is served by a team of 21,200 employees.

The Kolkata-headquartered bank has two divisions -- micro banking and general banking, offering a suite of retail financial solutions, including a variety of savings and loan products.