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CMD of Bandhan Bank is about to leave the post, know the reason.

Kolkata: Chandrashekhar Ghosh, founder and CEO of personal sector Bandhan Financial institution, has introduced his resignation. The financial institution stated in a communication to the inventory alternate that Ghosh will likely be relieved of his tasks as MD and CEO of the financial institution on completion of his present tenure on July 9, 2024. “After leading the bank for nearly a decade, I feel the time has come for Bandhan to play a larger strategic role at the group level,” Ghosh stated in a letter to the board of administrators. On April 2, 2014, Bandhan Financial institution and IDFC Ltd. In-principle approval was given. After this, Bandhan Financial institution began operations on August 23, 2015 with 501 branches and 50 ATMs in 24 states. Bandhan Financial institution is the one micro-finance establishment in all the japanese area, which was given the chance to perform as a full-fledged financial institution. It was additionally listed on the inventory alternate within the 12 months 2018.

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