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Bandhan Bank: EY to audit 51 lakh microfinance accounts of Bandhan Bank

Bandhan Bank managing director Chandra Shekhar Ghosh has denied about any irregularity in those accounts and evergreening of loans. "The audit issue is taking time to resolve because it involves a humungous 51 lakh borrower accounts. Stakeholders should not worry about it," Ghosh told ET in an interview. These loans are backed by two separate government guarantee schemes.
Chandra Shekhar Ghosh Credit Guarantee Fund For Micro Units Bandhan Bank Emergency Credit Line Guarantee Scheme Guarantee Fund Micro Units

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