Infrastructure,Infrastructure sector projects by Government of India in Multi Locations
Project Information
5192
Government of India
Government plans to set up about 25 branches of the proposed public sector Bharatiya Mahila Bank, by the end of this fiscal. The Bharatiya Mahila Bank proposes to complete the first six branches at Mumbai, Delhi, Kolkata, Chennai, Indore and Guwahati by October 15 and take the total to 25 by March 31, 2014. The government has already approved Rs 1,000 crore seed capital for the women focused public sector bank. The government is also on look out for locations to set up the branches, including at Kolkata, Guwahati, Chennai, Bangalore, Jaipur, Lucknow, Mysore and Indore. Reserve Bank of India gave its in-principal approval for the Bharatiya Mahila Bank in June and the banking company is being set up. Minister of State for Finance Namo Narain Meena said had the initial capital of Rs 1,000 crore for the bank has been so decided that it is not capital constrained for expansion of normal business.
Project Value
Refer document
Pre Project Activities Underway
Multi Locations
Multi State
India
Infrastructure,Infrastructure
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