Bandhan Financial Services
i. Bandhan Financial Services, on 23 August 2015 started operations as a SCB and it will be called as Bandhan Bank. The banking services were inaugurated by the Union Finance Minister Arun Jaitley in Kolkata.
ii. With this, Bandhan became the first micro finance company in the country to start operations as a full-fledged commercial bank. It is also the first commercial bank from Eastern India to get RBI clearance since independence.