Kolkata or Calcutta is a 350-year-old metropolis which is not only the capital of the Indian state of West Bengal but was also the erstwhile capital city of India. Kolkata is located on the bank of the Hooghly River, and the city is undoubtedly the principal cultural, educational and commercial center of East India. The Port of Kolkata on the Hooghly River is the oldest operating river port in India. The British East India Company had primarily developed the city after a long era of the Nawabi Rule. The native Bengali inhabitants of the city consider Kolkata to be India?s intellectual, artistic and cultural capital. Often called the "City of Joy," this friendly city and its friendlier people are extremely passionate about their culture and heritage, Tagore, politics and literature. Kolkata experiences a hot and sultry summer and a moderately cold winter. The city celebrates almost every Indian festival and gets especially decked up in autumn during the Durga Puja. A typical street in Kolkata consists of distinctively close-knit neighborhoods, freestyle intellectual exchanges, old yellow ambassador taxis, street food joints and sweet shops. North Kolkata hosts the older neighborhoods with huge old-fashioned houses and narrow streets, whereas South Kolkata is home to the posh and upscale Bengalis. Central Kolkata has the central business district; East Kolkata is the new and upcoming area of the city that is randomly developing.
The Bandhan Bank Ltd. is based in Kolkata, West Bengal. Bandhan started as a micro-finance company in 2001 and received its banking license from the RBI in 2014. On 27th March 2018, it became the 8th largest bank in India by market capitalization. The Bank has 840 branches, 2,443 Doorstep Services, 282 ATMs and 12,004 Mini-ATMs or Hand-Held Devices according to the Annual Report of the bank (2016-17). Mr. Harun Rasid Khan is the chairman of the Bandhan Bank. In July 2016, he had been the Deputy Governor of the Reserve Bank of India. The founder cum managing director and chief executive officer of the Bandhan Bank are Mr. Chandra Shekhar Ghosh. The RBI licensing norms state explicitly that a new bank must have a ? 500 crore capital. The Bandhan Financial Services Limited (BFSL), one of the largest microfinance organization in India owns The Bandhan Financial Holdings. The SIDBI bank, International Finance Corporation (IFC), Financial Inclusion Trust, North Eastern Financial Inclusion Trust, Singapore Sovereign Wealth Fund GIC and the Bandhan Employees Welfare Trust are the significant investors in the parent organization of Bandhan Bank. The Bandhan Bank get listed on the Bombay stock exchange. On 23rd August 2015, the Bandhan bank was launched by the Union Minister of Finance, Shri Arun Jaitley Ji in Kolkata, West Bengal, India. After a year, the first-anniversary celebration of Bandhan Bank was attended by the President of India, Shri Pranab Mukherjee. For mobile banking, the Bandhan bank has launched m Bandhan app which is available for download on google play store and apple store. The users can check their account information and make money transfers through the app.