Bandhan Chairman CS Ghosh: 'Close To Getting Final Approvals'

ET NOW 2014-11-18

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Microfinance company Bandhan is close to getting final approvals from RBI to start its banking operations. The company's Founder & Chairman CS Ghosh says they're looking to start operations before the October deadline and will open around 600 branches in 27 states. In an exclusive conversation with ET NOW, Ghosh says that they're well-funded to meet CRR & SLR requirements and will look at further fund raising in December if required.

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