Upon completion, this will mark Bandhan Financial Holdings foray into the country s life insurance sector in addition to their presence in banking and mutual fund sectors, it said.
Presently, the bank's exposure to MFI loans, which are unsecured, is 47 per cent, and the share of its advances to the housing segment is at 24 per cent, retail at two per cent and the micro, small and medium enterprises sector at 27 per cent.