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Bandhan Bank begins IPO process  

Bandhan Bank is in process to launch its IPO
BY BEx Bureau
BusinessEx
Aug 25, 2017

Bandhan Bank IPO launch timings will depend on market conditions, as per statement from Chandra Shekhar Ghosh, MD CEO of Bandhan Bank.

He further added, The process of selecting investment banks has started for its proposed IPO. It is a long process though.In 2015, Bandhan becomes the first microfinance institution to obtain a universal banking license. RBI guidelines stated that it is mandatory to get itself listed within the three years of commencement of operations.

In 2015, Bandhan becomes the first microfinance institution to obtain a universal banking license. RBI guidelines stated that it is mandatory to get itself listed within the three years of commencement of operations.Gosh said, As per RBI norms we have to get listed within three years. The bank is not in a hurry to go for an IPO immediately as it is comfortable on the capital front.

Gosh said, As per RBI norms we have to get listed within three years. The bank is not in a hurry to go for an IPO immediately as it is comfortable on the capital front.

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