Bandhan gets more than 20000 applications for 15 posts

It was about 64 years ago, that the city of joy saw a new bank getting set-up -- United Bank of India was established in 1950, and later nationalized in 1969.

With Bandhan, slated to set-up the headquarter of its proposed banking venture in the city, applications are pouring for a job in the bank.

On July 2, Bandhan came up with an advertisement for recruitment in 15 posts in the proposed bank. In nearly 15 days, the MFI has received more than 20000 applications for the posts, according to C S Ghosh, chairman and founder,

In addition, several top-notch executives of the corporate world expressed interest in joining the bank, informed Ghosh.

Notably, around 2000, when Bandhan was a struggling MFI, there were hardly any takers of job at Bandhan and even adver" according to Ghosh.

In rural areas, where most of Bandhan's operations are concentrated, it already has a workforce of nearly 13000 people, who are likely to be absorbed as regular employees of the proposed bank. Bandhan, will simultaneously open 600-700 bank branches, spread over 22 states The bank is expecting to open at least 10 million accounts in one go.

The MFI had appointed Deloitte to prepare a roadmap for its banking foray. Deloitte was also the MFI's