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    Beyond Microfinance

    Mar 04, 2021 4 minutes
    BY APRAJITA SHARMA
    PHOTOGRAPH BY BANDEEP SINGH

    Five years since it started operations as a commercial bank, Bandhan Bank is all set to shed its microfinance-lender tag. It is not just focussing on geographical diversification, but also expanding its loan book across housing (affordable housing finance firm Gruh Finance merged with Bandhan in October 2019) and high-margin personal, gold and SME loans. It also plans to offer insurance and mutual fund services, albeit through a holding company.

    Away from the din of Mumbai, where most financial institutions are based, Bandhan Bank MD and CEO Chandra Shekhar Ghosh operates out of Kolkata. Despite diversification, he wants to stick to the core, of

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