Bandhan Bank has been able to get nearly seven lakh new customers till March, since it began banking operations.
According to Chandra Shekhar Ghosh, Founder, MD and CEO of Bandhan Bank, the customer addition between microfinance (called micro-banking) and banking operations are set to be much more than this.
Having begun full fledged banking operations eight months back with 501 branches, 2,022 door step service centres and 50 ATMs, Bandhan has been able to mobilise deposits to the tune of Rs 13,000 crore. Its loan book stands at over Rs 15,200 crore.
“Customer addition through the banking network was nearly seven lakh. But there will be new additions in the micro-banking segment too. Hence, the actual number of new customers will be higher,” he said on the sidelines of the opening of the bank’s flagship branch here in the city.
This was the bank’s 670th branch across 29 States.
According to Ghosh, the bank would in the coming days have branches with dedicated services to high net-worth individuals (HNIs). However, the modalities of the services on offer are being discussed.
“Let’s assume we are offering personal wealth management services. Such services will be more on a one-to-one level rather than through bank branches. But, we need to build the scale first for that to happen,” he said.
Extending its service offerings, Bandhan began NRI banking facility. The NRI accounts will mostly be for remittances from abroad.
The bank also entered the retail lending segment through small ticket home loans and financing of small vehicles in suburbs, semi-urban and rural areas.