The Union Finance Minister Inaugurates Bandhan Bank
Speaking on the Social Security Schemes, he added that expansion of these Schemes will help the banking segment grow. The MUDRA agency, he mentioned, has so far been able to finance the unfunded section of the society and it will continue to play the same role.
Bandhan, the new born member of Indian banking industry has started operating today with 501 branches all over the country. The bank is beginning its operations with 1.43 crore accounts, 10,448 crore loan and 19500 employees and already has a presence in 24 states, said Shri Chandra Sekhar Ghosh, the Managing Director and Founder of the Bank.
West Bengal Finance Minister Shri Amit Mitra, and RBI Deputy Governor Shri H.R.Khan also addressed the ceremony.