Banking,Banking sector projects by Government Of India in
Project Information
5101
Government Of India
Bhartiya Mahila Bank, A Women's Bank Headquartered In Delhi Will Start Services With Six Branches From November 1. The Finance Ministry Has Set Up A Core Management Team To Coordinate The Process Of Setting Up The Bank. Planning Commission Will Soon Approve A Provision Of 1,000 Crore Under The Plan During 2013-14. The Bhartiya Mahila Bank Will Not Offer Any Concessional Rates To Women, Though. "It Is A Commercial Bank, Which Will Follow The Guidelines Stipulated By The Reserve Bank Of India. The Bank Will Primarily Draw Its Human Resource From Existing Employees In Public Sector Banks. The Women's Bank Will Support And Coordinate With Self-Help Groups And Other Organisations To Promote Lending To Women. It Will Also Tie Up With Existing State-Run Financial Institutions To Provide Other Services Such As Insurance And Pension Products. The Bank Will Expand Its Presence Up To 500 Branches By Its Fourth Year Of Operations. The Government Had Set Up A Five-Member Panel, Headed By Former Canara Bank Chairman MBN Rao, To Prepare A Blueprint For The All-Women Bank.
Project Value
Refer document
Conceptual Stage
Not Specified
India
Banking,Banking
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