Bandhan caters to 3,000 customers on an average per branch, while bigger banks cater to about 20,000 to 25,000 customers per outlet.
Bandhan Bank is scheduled to announce its second-quarter earnings Wednesday, the first time after it was penalised by the central bank for failing to bring down promoter holding to 40 per cent from 82 per cent. The Bandhan management had maintained that there would be no impact on business due to the regulatory action, which includes curbs on branch expansion. Bandhan has 937 branches and the target for the fiscal was to reach 1000. Bandhan caters to 3,000 customers on an average per branch, while bigger banks cater to about 20,000 to 25,000 customers per outlet. So there is enough capacity available for it to expand its business. Here’s a snapshot on what to expect on its Q2 financials:
