Bandhan Bank Ltd. is an Indian banking and financial services company headquartered in Kolkata, West
Bengal. Bandhan, which started as a micro-finance company in 2001, received banking licence by
Reserve Bank of India in 2014.
On 23 August 2015, Union Finance Minister Arun Jaitley officially inaugurated the bank in Kolkata.
Initially it opened with 501 branches, 50 ATMs and 2,022 Door step Service Centres (DSCs) across India.
Bandhan Bank was incorporated on 23 December 2014 as a wholly owned subsidiary of Bandhan
Financial Holdings. Bandhan received the in-principle approval of the (RBI) for setting up a universal
bank in April 2014; the banking regulator gave its final nod in June 2015.