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Last Updated : Mar 08, 2018 04:32 PM IST | Source: CNBC-TV18

Bandhan Bank IPO: Eyeing biz growth; see MSMEs, affordable hsg as big opportunity

The bank which mainly lends to the micro finance institutions (MFIs) also sees MSME and affordable housing segments as a huge lending opportunity, said Chandra Shekhar Ghosh, CEO, Bandhan Bank.

CNBC TV18 @moneycontrolcom

Bandhan Bank is all set to go public two years after it began operations. It is touted to be one of the biggest banking IPO.

The bank plans to raise Rs 4500 crore via the initial public offering (IPO).

Chandra Shekhar Ghosh, CEO of the bank told CNBC-TV18 that they have the capacity and the market to growth further. The money raised through the IPO will be majorly used for business growth.

The bank which mainly lends to the micro finance institutions (MFIs) also sees MSME and affordable housing segments as a huge lending opportunity, said Ghosh.

Gold finance is also another area where they would look at expanding, he said.
First Published on Mar 8, 2018 04:25 pm
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