The Kolkata-based lender, which converted from a microfinance institution into a universal bank, is now in its 10th year of operation. Over the years, the bank has reduced the share of its microloan book; however, microloans still account for around 50 per cent of its total loan portfolio. At ₹61,910 crore, Bandhan's microloan book is among the largest in Indian banking.
One of Sengupta's key priorities will be to engineer a business transformation while gaining the confidence of all stakeholders, particularly the regulator. According to bankers, the Reserve Bank of India's (RBI's) discomfort with banks engaging in microloans was evident from last November's circular on risk weights. While increasing risk weights on consumer loans, the RBI exempted non-banking financial loans from higher risk weights on loans to microfinance customers. Banks, however, were instructed to raise the risk weight for their microloans.
“Bandhan has to lower the share of microloans and increase the share of secured loans. While doing so, it needs to maintain healthy margins and return on assets (RoA),” said a senior banker.
この記事は Business Standard の October 15, 2024 版に掲載されています。
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この記事は Business Standard の October 15, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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