Bandhan Bank
Bandhan Bank Limited is a commercial bank based in Kolkata, India, established in 2015. It offers a wide range of financial services across the country, with a focus on both micro banking and general banking. The bank provides various asset and liability products, including savings, current, fixed deposit, and corporate salary accounts, as well as retail loans such as home loans, personal loans, gold loans, MSME loans, small enterprise loans, microloans for home-based businesses, and agriculture loans. Additionally, Bandhan Bank offers investment services in sovereign securities, card services, Internet and mobile banking, ATM services, trading, NRI services, and distributes third-party products. As of March 31, 2020, the bank operated 1,018 branches, 3,346 banking units, 195 home loan centers, and 485 ATMs.
Aegon Life Insurance Company
Acquisition in 2023
Aegon Life Insurance Company Ltd. is an insurance provider based in Mumbai, India, offering a range of life, health, and savings insurance plans. Incorporated in 2007, the company provides various products, including term, unit-linked, retirement, child, rural, and group insurance. Aegon Life launched its operations in India in 2008 as a joint venture between Aegon, a global leader in life insurance and pensions, and Bennett, Coleman & Company, a prominent media conglomerate. The company employs a multi-channel distribution strategy, utilizing around 6,000 agents and an online platform to reach over 400,000 customers across 46 cities with 83 branches. Aegon Life aims to enhance financial security and help individuals meet their long-term financial goals through customized advice and a comprehensive product suite.
IDFC Asset Management
Acquisition in 2022
IDFC AMC is the asset management company in India helping you achieve better outcomes for your savings by making smarter investment choices.
GRUH Finance
Acquisition in 2019
GRUH Finance Limited, operating as a housing finance company in India, specializes in providing loans for the purchase, construction, extension, and renovation of residential properties. Founded in 1986 and based in Ahmedabad, the company caters to a diverse clientele, including salaried individuals, self-employed individuals, and businesses. GRUH Finance offers both fixed and variable rate loans with a maximum tenure of 30 years, determining loan amounts based on factors such as the applicant's income and stability. In addition to its lending services, the company accepts deposits and operates 195 retail offices across 11 states. In 2019, GRUH Finance was acquired by Bandhan Bank Limited.
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