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The equity shares of Bandhan Bank are listed on BSE and the NSE. [16] [17] [18] Bandhan Bank is an associate of Bandhan Financial Holdings Limited (BFHL) [19] which holds a 39.99% stake in the bank as on December 31, 2021. Further, BFHL is a wholly owned subsidiary of Bandhan Financial Services Limited (BFSL).
The Institute of Banking Personnel Selection (IBPS) is a central recruitment agency operating under the ownership of the Ministry of Finance in the Government of India that was started with an aim to encourage the recruitment and placement of young undergraduates, postgraduates and doctorates at the rank of Group 'A' officer, Group 'B' officer, Group 'C' employee and Group 'D' employee in ...
Bandhan Bank started operations on August 23, 2015, [6] with Ghosh as the MD & CEO where he served till 9 July 2024. This is the first-ever instance of an Indian microfinance institution becoming a universal bank. [7] Incidentally, Bandhan Bank is also the first bank to be set up in Eastern India since Independence.
In 2019, he led the merger of GRUH Finance with Bandhan Bank. [5] [6] Post-merger, he joined the latter as an Executive Director (Designate). [7] In 2014, Choksey joined the National Taskforce on Rural Housing and Habitat set up by Ministry of Rural Development (India) for rural housing finance. [8]
He is also a senior adviser to Jana Small Finance Bank [6] Before this stint, he was an adviser at Bandhan Bank from August 2014. Bandyopadhyay has been writing his weekly column Banker's Trust since February 2007. Between April and November 2011, he ran a 32-episode series on Bloomberg India TV, also called Banker's Trust, where senior central ...
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Greater autonomy was proposed for the public sector banks in order for them to function with equivalent professionalism as their international counterparts. [11] For this the panel recommended that recruitment procedures, training and remuneration policies of public sector banks be brought in line with the best-market-practices of professional banking systems.
Structured Financial Messaging System (SFMS) is a secure messaging standard developed to serve as a platform for intra-bank and inter-bank applications. It is an Indian standard similar to SWIFT which is the international messaging system used for financial messaging globally. SFMS can be used for secure communication within the bank and ...