Tag Archives: Bandhan Bank

The Reserve Bank of India (RBI) has taken a significant step by appointing an additional director to the board of Bandhan Bank in response to the private lender's recent performance struggles, leading to a notable drop in profits. This decision, made under the purview of the Banking Regulation Act, reflects the regulatory authority's proactive approach to overseeing bank operations and ensuring stability within the financial sector.

Bandhan Bank announces the successful migration of its core banking system and internet banking, ensuring robust digital services as other banks grapple with technical difficulties in their tech-based offerings.