Chennai Branch of Women’s Bank – First branch of Bharatiya Mahila Bank starts with 7 branches
Chennai Tuesday 2013, Bharatiya Mahila Bank, the country’s first all-women commercial bank, commenced its operations on Tuesday with seven branches. First Women bank, Union Government and announced by the Finance Minister, P. Chidambaram in the Budget 2013, was also launched in six other cities as well at the same time. However, doubts remain if the bank will succeed in achieving its objective of women economic empowerment in remote villages.
Women’s Economic Empowerment Initiative in India - The Bharatiya Mahila Bank is a small step towards the economic empowerment of women. It is also a reflection of our commitment to this cause. I am sure that the bank will objective with which it is being established, namely financial inclusion of women and providing them equal and easy access of financial services.