Monday, May 5, 2014

‘Bandhan will show that the poor are also bankable’

.......We will merge the existing microfinance business with the bank. But our thrust area will be medium and small scale sectors. Reaching the un-banked areas would be one of the biggest areas of opportunity. We will target the poor and the segment just above that. We would like to show that the poor can also be bankable. Our entire loan portfolio is directed at priority sectors and our recovery rate is 99.5 percent.......

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