UNBREAKABLE BOND

CHANDRA SHEKHAR GHOSH 58 Founder, Bandhan Bank

Because, in less than three years since its launch in August 2015, Bandhan Bank, serving customers in rural areas, made a splashy debut in the stock markets in March this year. It had a network of 887 branches and 430 ATMs as on December 2017

Because Bandhan Bank, which was started as a microfinance firm with Rs 1.75 lakh borrowed from a local moneylender and some help from family, had a market capitalisation of Rs 56,921 crore as on March 27, 2018, and is the eighth largest bank in India by market capitalisation

Because with an asset base of Rs 30,236 crore and total advances of Rs 16,839 crore in 2016-17, Bandhan Bank occupies the 17th position among private sector banks and 38th among all banks in the country, and has negligible gross NPAs (non-performing assets) at Rs 86.26 crore or 0.51 per cent of total advances

DID YOU KNOW? Only threefifths of the Bandhan Bank staff reached final grade in school