ALL WOMEN BANK

  • MP's first Bhartiya Mahila Bank to be inaugurated today December 5, 2013

    Bharatiya Mahila Bank's (BMB) first branch in Madhya Pradesh will be inaugurated in Indore on Thursday by the Additional Secretary Finance, Government of India, Snehlata Shrivastava. The BMB branch in the city was established in the State Bank of India's (SBI) GPO premises, official sources said. Prime Minister Manmohan Singh inaugurated...
  • Government approves setting up of allwomen bank August 8, 2013

    New Delhi: Paving the way for setting up of allwomen bank, the government on Thursday approved Rs 1,000crore seed capital for Bhartiya Mahila Bank Ltd. The Cabinet cleared setting up of allwomen bank, sources said. Earlier this week, Minister of State for Finance Namo Narain Meena had said in a written...
  • Finance Ministry seeks RBI approval for allwomen bank June 2, 2013

    New Delhi: To make allwomen bank a reality by October, the Finance Ministry has approached the Reserve Bank for clearance to set up the country's first such bank. "The committee set up to prepare the blueprint for allwomen bank has submitted its report to the Finance Minister. We have sought...
  • All-women bank to start operations from Nov: Chidambaram March 3, 2013

    New Delhi: India's first all-women bank will start operations from November this year through six branches spread across the length and breadth of the country, Finance Minister P Chidambaram said today. "It will be inaugurated in November. Initially we should start with at least one branch in each major region...
  • A pragmatic Budget given the tough economic realities: Meera Sanyal on Budget 2013 March 1, 2013

    Is the Income Tax surcharge on the super-rich the right way? Meera Sanyal, Country Executive India, Royal Bank of Scotland Group (RBS Group), joined IBNLive readers for an interaction on the issue. Q. Can the FM not order RBI to reduce borrowing costs and damn inflation? Asked by: sri ...
  • The Budget does not seem to address the fundamental problems confronting the economy: Surajit Mazumdar February 28, 2013

    Is the Union Budget 2013-14 good for India? Ambedkar University's associate professor of Economics Surajit Mazumdar shared his perspective in an interaction with IBNLive readers. Q. Is the Union Budget 2013-14 good for India? Asked by: Kamya A. The Budget does not seem to address the fundamental problems...
  • India's first all-women bank to be set up by October February 28, 2013

    New Delhi: The country is all set to get an all-women bank by 2013 with the government announcing an initial capital of Rs 1,000 crore for the purpose. Announcing the Budget proposals for 2013-14, Finance Minister P Chidambaram said the bank is likely to be set by October, 2013. "I...propose to...
  • Grain bank turns saviour for needy June 8, 2007

    Paliganj, Bihar: Dalit women in Bihar are fighting poverty and hunger by setting up their own bank a bank not dealing in money but grains. The allwomen bank lends grains on interest, and even without interest, to those in real need. After setting up a bank probably the only...