Bandhan Bank plans to hike exposure of secured loans to 70% by 2025

Bandhan Bank will diversify its asset base by raising its exposure to secured loans to 70 per cent by 2025.

Diversification of the asset book was part of future plans, said Chandra Shekhar Ghosh, managing director and chief executive officer of Bandhan Bank.

“By 2025, secured will be 70 per cent of the asset and 30 per cent, unsecured. We are planning strategically to reach that,” Ghosh said at an event to announce the appointment of former Indian cricket captain Sourav Ganguly the bank’s brand ambassador

Currently, 39 per cent of the asset book is secured.

“Bandhan was born as