Bandhan-The Making of a Bank by Tamal Badyopadhyay is the kind of book that you read and marvel at the wonder that is Indian entrepreneurship.
‘Bandhan: The Making Of A Bank’ by Tamal Bandyopadhyay is an engrossing tale of detail, of transformation of a simple not-for-profit activity into a full-fledged bank.
The importance of Tamal’s book on Bandhan is that it maps the early challenges with an acute understanding of how the microfinance industry has itself gone through ups and downs.
New economic success stories from Bengal over the last three decades are rare. And ones that feature Bengalis running things successfully are even more scarce. There are a few notable exceptions- Bandhan is one, then there’s Peerless, and the ABP Group.
Tamal Bandyopadhyay is a good story teller. What is more, he too, as a Bengali originating from the state of Bandhan founder Chandra Sekhar Ghosh, had a sentimental attachment to the setting up of the bank. Perhaps it is more than sentiment since the book includes his photograph with Ghosh after collecting the final banking […]
His latest book is on the Bandhan Bank, which is probably one of the more interesting cases of an MFI-turned-commercial bank, with the RBI being convinced that it can add value in the area of inclusive banking.