Bandhan Bank's deposit base touches Rs 13,000 crore

Private sector Bandhan Bank, which started full-fledged banking operations in August last year, has garnered a deposit base of Rs 13,000 crore, a top company official said today.
"Our deposit base is now Rs 13,000 crore. The loan book size is Rs 15,200 crore," Bandhan Bank Founder MD and CEO Chandra Shekhar Ghosh told reporters at the launch of the Park Street branch here.
Bandhan started operation as a micro-finance institution after which it was converted into a bank.
The bank has been able to build a customer base of more than seven lakh, he added. Its branch network stands at 670 branches across 29 states.

It has started retail lending like small-ticket home loans and vehicle financing in suburban areas.