Bandhan Financial Services, which received the in-principle banking licence from the Reserve Bank of India, is planning to appoint consultants to advise it on its program to become a full-fledged bank. The micro-finance company, as per RBI stipulations, has to start operating as a bank within 18 months. Chandra Sekhar Ghosh, CMD of the company, said the company is in discussion with consultancy firms like KPMG, BCG and McKinsey and Co among others and it will shortly finalize on this account. He said the consultancy will be required to advise Bandhan on how to transform into a bank. Bandhanb is also proposing to engage IT consultants for putting in place the required infrastructure needed for running a bank. Ghosh said he is hopeful that the company will be able to start the operations within the stipulated 18 months.