Bandhan Bank Share Price And Latest News
In 2006 the NGO acquired the Non-Banking Finance Company (NBFC) license of Ganga Niryat Pvt Ltd and transformed itself into an NBFC called Bandhan Financial Services Ltd. Once Bandhan transformed into an NBFC, it saw enormous growth and reached a loan outstanding of Rs 5000 Crore and a borrower base of more than 50 Lakh by early 2013. As Bandhan had grown enormously, the Reserve Bank of India (RBI) decided in April 2014 to give a preliminary license to Bandhan Financial Services so that it can convert itself into a bank....