It is said that winners never quit, and the world has seen countless individuals walking the same path. Among them is Chandra Shekhar Ghosh, the MD and CEO of Bandhan Bank. Today, a billionaire, Ghosh once struggled to make ends meet. His journey from rags to riches is a testament to hard work and determination.
He believes that anyone can achieve great heights with hard work and skill. Even after completing his education, he took up low-paying jobs.
Facing financial hardships since childhood, Ghosh helped his father in their small sweet shop. Despite working odd jobs, he never gave up on education, completing his schooling and graduation.
In 2001, Ghosh founded a microfinance company named Bandhan to provide loans to women. Starting with a loan of Rs 2 lakhs from relatives and acquaintances, he began his journey. Over the years, Bandhan grew exponentially, empowering around 8 million women by 2009, according to News18.
In 2009, Ghosh registered Bandhan as a Non-Banking Financial Company (NBFC) with the Reserve Bank of India (RBI). In 2015, Ghosh obtained a banking licence, officially establishing Bandhan Bank. According to The Economic Times, the bank has a market cap of Rs 29197.70 crore.
Chandra Shekhar Ghosh's journey from a struggling milk seller to a successful banker serves as an inspiration for millions, proving that with dedication, one can overcome any obstacle to achieve greatness.
