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Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Augmenting Capital Base
To augment the bank's Tier-I capital base to meet future capital requirements arising out of growth in business and assets.
(₹ in Crore)
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Bandhan Bank Limited is an Indian banking and financial services company headquartered in Kolkata, West Bengal. Originating in 2001 as a non-governmental organization focused on financial inclusion and women empowerment through microfinance, it subsequently converted into a non-banking financial company in 2006. In April 2014, Bandhan received in-principle approval from the Reserve Bank of India to set up a universal bank, making it one of only two entities granted a commercial banking license at that time. The bank officially commenced commercial banking operations in August 2015 with 501 branches across India. The bank offers a comprehensive suite of financial products and banking services, spanning micro-banking, retail banking, corporate banking, and treasury operations. Its micro-banking division provides term loans, micro-housing loans, and micro-enterprise credit tailored primarily to underbanked rural and semi-urban populations. On the liability side, Bandhan Bank collects savings accounts, fixed deposits, recurring deposits, and current accounts, continuously expanding its Current Account and Savings Account deposit base to optimize its overall cost of funds. Bandhan Bank maintains a widespread distribution network across India, with a particularly dominant footprint in East and Northeast India. Operating thousands of banking outlets and door-step service centers, the institution leverages a high-touch customer contact model to drive financial inclusion. Supported by a disciplined credit appraisal framework and low cost-to-income ratio, the bank has built a strong market presence serving millions of micro-loan borrowers and retail depositors across diverse geographies.
Bandhan Bank raised ₹1,341.91 crore by allocating 3,57,84,147 equity shares at ₹375 per share to 65 anchor investors, including Abu Dhabi Investment Authority, BlackRock, HSBC, UTI, BNP Paribas Arbitrage, Amansa Holdings, and Tata Balanced Fund.
Source: RHP • Analysis provided for informational purposes
Last Updated: 30 July 2026, 11:35 AM
Dominant Position in Microfinance
Bandhan Bank is India's largest microfinance institution turned universal bank, holding an extensive branch network in underbanked eastern and northeastern markets.
Robust Financial Profile
The bank maintains industry-leading net interest margins and operating efficiency with a disciplined cost-to-income ratio.
Expanding Retail Deposit Base
Transitioning to a universal bank enabled rapid gathering of low-cost CASA deposits, lowering overall borrowing costs.
Geographic Concentration
A major portion of banking outlets and advances are located in West Bengal, Assam, and Bihar, exposing operations to regional economic or political shocks.
Unsecured Micro-lending Exposure
The microfinance portfolio consists primarily of unsecured credit to low-income borrowers, which carries higher inherent delinquency risk.
Short Banking History
Having commenced commercial banking operations in August 2015, the bank has a limited track record in managing a fully diversified universal loan portfolio.
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