Private lender Bandhan Bank opened its currency chest in Guwahati which will serve the business of the bank in the North Eastern region including Assam.
Bank said that the currency chest will help cash management for Micro, Small & Medium Enterprises (MSME) and traders in the Northeast.
“Assam has been an important market for Bandhan Bank for many years now. The opening of this currency chest is a testament to our commitment to the development of Assam and the North Eastern states of India,” said CS Ghosh, MD & CEO of Bandhan Bank.
This is the second currency chest of the bank after Patna.
In Assam, Bandhan Bank currently has a customer base of around 26 lakhs and a network of more than 472 banking outlets.
The bank will open more than 550 new branches across India in the current financial year, out of which 20 will be in Assam.
“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,” Ghosh said.
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