Article Details

An Analysis of Financial Performance of Bandhan: Post Transformation Period | Original Article

Annu .*, in Journal of Advances and Scholarly Researches in Allied Education | Multidisciplinary Academic Research

ABSTRACT:

Financial inclusion is a necessity for the inclusive growth of an economy of a developing country like ours. A large portion of the population of the India is poor and not able to access the financial resources available to them. To tackle this problem, micro finance is a decent medium. Bandhan is a microfinance institution, which was establish in West Bengal to alleviate the poverty and empower the women by making them self-dependent through financial inclusion. This paper shows the how it is working towards its core objectives. It transforms itself from an NGO to NBFC and a NBFC to BANK. The paper also analyses the performance of the Bandhan after its transformation into a bank. This study finds out that performance of Bandhan bank is good and growing continuously in terms of extension of its activities and with a sound financial position which is analysed with the help of various ratios.