On Wednesday, Bandhan Bank has opened three new branches, taking the total number across India to 1,013. The Kolkata Based lender has opened 122 banking outlets in the form of small-format units. A Bandhan Bank said that the development comes days after the Reserve Bank of India (RBI) lifted the restriction on new branch openings for the lender.  ‘We are happy that with the withdrawal of restriction, we will be able to expand business grew rapidly,’ MD & CEO Chandra Shekhar Ghosh said.
The bank has a presence in 34 states. As of December 31, 2019, Bandhan Bank had 19 million customers, deposits worth Rs 54,908 crore and advances worth Rs.65,456 crore. The total business of the Bank stood at Rs.1,20,364 crore. Out of the 125 new banking outlets, 42 have been opened in Uttar Pradesh, 29 in Rajasthan, 12 in Madhya Pradesh, 7 each in Andhra Pradesh and Telangana, 6 in Bihar, 5 in Chhattisgarh, 4 in Orissa, 3 in Tamil Nadu, 2 each in Uttarakhand, Karnataka, Maharashtra, and Assam, and 1 each in Delhi and West Bengal.
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