50 crore

In 2001, Chandra Shekhar Ghosh started Bandhan as an NGO, aimed at women empowerment and poverty alleviation, by helping marginalised women develop income-generating activities through microcredit. With time, the NGO grew its operations manifold and two trusts – Financial Inclusion Trust (FIT) and North East Financial Inclusion Trust (NEFIT) – were created to run development programmes for the marginalised communities, apart from Bandhan. In 2015, when Bandhan Bank was formed, FIT and NEFIT assumed the role of promoters of the Bank. The country is going through unprecedented times and many have been affected by the pandemic and its effect. C…