Bandhan Bank opens the largest currency chest in the North East

Bandhan Bank opens the largest currency chest in the North East

• Currency Chest at Guwahati to help Cash Management for MSME and Traders

• The Bank will open 551 new branches across the country in FY23, out of which 20 will open in Assam

• The Bank already has 472 banking outlets & serves 26 lakh customers in the state of Assam

Bandhan Bank announced the opening of its currency chest in Guwahati, largest in the North East Region so far by any banking institution. This is the Bank’s second currency chest. This will help the Bank in cash management for the branches and ATMs in the region. This currency chest will help the overall financial ecosystem in the North East with the supply of currency notes.

Executive Director of the Reserve Bank of India, Jose J Kattoor; Regional Director for North Eastern States, RBI Guwahati, Sanjeev Singha; and MD & CEO of Bandhan Bank, Chandra Shekhar Ghosh, along with other senior officials were present at the inauguration of the Guwahati currency chest.

In Assam, Bandhan Bank currently has a customer base of around 26 lakh. Through a network of more than 472 banking outlets, the Bank caters to the banking needs of the people of Assam. The Bank will open more than 550 new branches across India in the current financial year, out of which 20 will open in Assam.

C S Ghosh, MD & CEO, Bandhan Bank commented on the occasion, “Assam has been an important market for Bandhan Bank for many years now. We have received the trust and love of more than 26 lakh customers in the state. Our significant distribution in Assam and the rest of the North East made Guwahati a default location for our currency chest. The opening of this currency chest is a testament to our commitment to the development of Assam and the North Eastern states of India.”