Chandra Shekhar Ghosh

Bandhan’s total loan book to hit Rs 5,000Cr this fiscal: Founder Chandra Shekhar Ghosh

10 September, 2012

Over the last two years, the microfinance industry had run in to rough weather, dragging the fast-growing social business activity. Now, it is slowly returning to safe pastures. In the process, the sector saw Kolkata-based Bandhan Financial Services quietly overtaking the controversy-hit SKS to become the largest microfinance institution (MFI) in terms of loan book. This was largely because Bandhan didn’t venture into the trouble spot, the southern state of Andhra Pradesh. VCCircle caught up with soft spoken Bandhan founder Chandra Shekhar Ghosh to get a lowdown on state of bank lending and private funding in the MFI sector, margin cap and cost of operations. Excerpts:


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Bandhan’s total loan book to hit Rs 5,000Cr this fiscal: Founder Chandra Shekhar Ghosh

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