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June 2, 2020
Home » Business » Country’s first female bank started
India First All Women-Bank

Country’s first female bank started

Prime Minister Manmohan Singh   inaugurated the country’s first female bank  Indian female  Bank Limited in Mumbai on Tuesday .

The primary objective of the establishment of the Women’s Bank needs of women, particularly in view of providing banking products. Under normal savings account from 0.50 to 1.0% higher interest than banks can get to the option holders.

SBI’s profits down by  33% 

Prime Minister Manmohan Singh said  at the opening of the Bank will provide financial services to women and their self-help groups.

They hope that through female bank would increase women’s participation in financial inclusion goals. At the beginning of the seven bank branches are open 25 branches reach up to the year 2013-14.

Government jobs for women, will enroll over 1 million posts 

Some interesting facts associated with the first female bank

  •  Prime Minister Manmohan Singh inaugurating the Women’s Bank , UPA Chairperson Sonia Gandhi , P Chidambaram and Maharashtra Chief Minister Prithviraj Chavan Vitrmntri .
  • Lucknow , Mumbai , Guwahati , Kolkata , Chennai , Bangalore and Ahmedabad branches of the bank started
  • Assembly elections will be opened in New Delhi and branches in Indore
  • The bank’s headquarters will be in New Delhi , Usha became the first chairman Anantsubrmnyam
  • 0.50 to 1.0 %, higher than bank savings account can Bancoen general interest
  • 125 female bank officer in a bank , the male employee shall be appointed

Arundhati Bhattacharya will be the new chairperson of SBI

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