Bandhan Bank opens currency chest in Deedargunj
Bandhan Bank recently inaugurated its currency chest in Deedargunj, Patna. It is the first ever currency chest of the Bandhan bank. It will help in cash management for ATMs and branches in Patna.
Key features of the currency chest of Bandhan bank include;
- Currency chest of Bandhan Bank would help people, small traders and MSMEs in supplying currency notes to the bank branches and the ATMs, when it is required.
- In Patna, a lot of cash transactions is witnessed on daily basis. Thus, the currency chest will help the bank branches in storing cash.
Bandhan Bank has planned to open over 530 new bank branches in India in financial year 2022-23. New branches will be mainly be distributed across North, West and South India.
About Bandhan Bank Ltd:
Bandhan Bank is a banking and financial services company. It is headquartered in Kolkata. It is present across 34 out of 36 states and union territories in India. It has 5,639 banking outlets, catering to 2.63 crore customers. The Reserve Bank of India had accorded ‘universal banking licence’, following which the Bank started operating on August 23, 2015. Initially, it had 501 branches, 50 ATMs besides 2,022 Banking Units (BUs). Bandhan was constituted in 2001 as a not-for-profit entity. Its primary objective was to bring in financial inclusion and women empowerment by creating sustainable livelihood.
Month: Current Affairs - July, 2022
Category: Economy & Banking Current Affairs - 2022
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