Reported by: banking|Updated: September 18, 2020
Bandhan Bank has created a broader vertical called “emerging entrepreneurs business” which includes its micro banking division, micro home loan, and micro-enterprise loans, and engaged Kumar Asish, who was Group Director, Airtel Money in Africa, to head the unit. He had also spent about 2 decades at ICICI Bank. The vertical will handle microloans and manage the newly-launched product lines – micro home loan, micro bazaar loan, and micro-enterprise loan, the bank said in a release. Ashish has over 26 years of experience in setting up and managing businesses of significant scale in retail and business banking, rural banking, microfinance, agri banking and treasury, the bank said in a statement. At ICICI Bank, his last role he was Senior General Manager & Retail Business Head for North India with experience across Mortgage, MSME Loans, Auto Loans, CV & CE Loans, Personal Loans, Jewel Loans, Credit Cards, Deposits, Wealth Management, Fee Income, and Branch Operations.