Trending:
Meet Chandra Shekhar Ghosh, From Halwai’s Son And Tuition Teacher To Building Over Rs 29,500 Crore Company
Updated Aug 14, 2024, 16:50 IST
Meet Chandra Shekhar Ghosh, From Halwai’s Son And Tuition Teacher To Building Over Rs 29,500 Crore Company (Image Source: Times Now Digital)
Chandra Shekhar Ghosh: Early Life
Born in 1960 in a poor family in Agartala, Tripura, Ghosh's father ran a small sweet shop. Despite financial hardships, Ghosh was committed to his education. He moved to Bangladesh for further studies and earned a degree in Statistics from Dhaka University in 1978. During this time, he supported himself by teaching children at an ashram.Chandra Shekhar Ghosh: Turning Point
In 1985, Ghosh's life took a significant turn when he joined BRAC, a Bangladeshi non-profit organization. Here, he saw firsthand how small financial support could make a big difference in the lives of rural women. Inspired by this model, Ghosh decided to bring it to India.Chandra Shekhar Ghosh Success Story: Foundation of Bandhan Bank
After returning to Kolkata in 1997, Ghosh started working with the Village Welfare Society and later founded his own company. In 2001, he launched Bandhan, a micro-lending organization aimed at providing loans to women. To start this venture, he borrowed Rs 2 lakh from friends and family. By 2009, Bandhan was registered as a Non-Banking Financial Company (NBFC) and transformed into Bandhan Bank in 2015 when it received a banking license.
Trending:
Pawan Kumar is a Copyeditor for the business vertical of Times Now Digital. With a keen eye for impactful business news, he specialises in financial m...View More
Kinetic Green Targets Rs 10,000 Crore Revenue By 2030 With EV Expansion
Mukesh Ambani's Jio Financial And BlackRock Form Joint Venture To Launch Investment Advisory Services
SpiceJet's Ajay Singh Likely To Offload Up To 15% Stake in Latest Funding Round
Housing Project Delays In Noida, Greater Noida: Over 74,000 Units Affected, Says Report
Microsoft Co-Founder Bill Gates Reveals How His Daughter’s Online Harassment Opened His Eyes To Misinformation Threat