Bandhan Bank is planning to start cross-selling of insurance products and mutual funds through its branches by September.
According to Chandra Shekhar Ghosh, Managing Director and CEO, talks have already begun. He, however, did not specify whether it was general insurance or life insurance offerings or both that the bank was exploring, but maintained that “all possible options are being looked into”.
“We are in talks with some insurance companies and mutual fund players. By the end of the second quarter, you should see these offerings,” he told BusinessLine on the sidelines of 17 years of ‘Bandhan Konnagar’ – a not-for-profit organisation that Ghosh founded and is currently mentoring.
As the MD and CEO points out, the idea of cross-selling is not to shore up revenues, but to be a one-stop-shop for Bandhan’s customers.
