Subir Roy September 13, 2016 Last Updated at 21:30 IST
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BANDHAN The Making of a Bank Tamal Bandyopadhyay Penguin Books India 353 pages; Rs 499 Bandhan Bank has grown its deposits phenomenally in the first year of its existence, thus continuing in the footsteps of Bandhan Financial Services, which, as a microfinance institution in 2009, took over all the loans on the books of the non-governmental organisation (NGO), Bandhan-Konnagar. If the bank can maintain this deposit growth it will be able to continue to both reduce its lending rate and also keep paying above the market to attract deposits. This will be a killer. The best answer to ...
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