30
Jul
Bandhan Bank has now set its sights on the future. The bank is going to complete its 5 years as a universal bank. With 71% of its banking outlets located in rural and semi-urban areas, Bandhan Bank is reaching out to the unbanked and under-banked individuals in the hinterlands of India and giving them access to organized finance, in line with its purpose of inclusive banking. Bandhan Bank reduced the interest rate on microcredit in the year under review by 70 basis points (bps) to 17.95% to empower the microloan customer even further. As on March 31, 2020, the Bank…
