First Women Bank

Promoting women's empowerment , the Government has launched the country's first female bank . Mumbai , Lucknow Indian banks in seven cities [ BMB ] branches started functioning from Tuesday . Prime Minister Manmohan Singh and UPA chairperson Sonia Gandhi, India's first woman Prime Minister Indira Gandhi on the occasion of the 96th birthday formally inaugurated in Mumbai . By the way , will be opened in this bank account but the credit off all facilities including men and women will be given preference schemes .


Women's empowerment , empowerment of India began with the punch line , not just the urban area BMB will boost female entrepreneurship , but also to women of weaker sections of society by providing low-interest loans will focus on making them financially independent . It is typical of the state bank in its eight -member board of directors have been replaced by women only . According to Finance Minister P Chidambaram is the first public sector bank, the board will only women . 70 per cent of employees are women . Chidambaram while presenting the Budget for the current financial year had announced to launch female bank . It has a capital base of Rs 1,000 crore . By March next year , the number of bank branches will be 25 .
Prime Minister Manmohan Singh said on the occasion that it will also promote the empowerment of women , his social development . Lucknow Branch, Branch Manager at BMB Negi holder for both the male and the female , but all the way to the bank loan facility will just women . In addition, the scheme will be made available to them , especially on the fixed deposits and loans .
In addition to the Bank's Board Chairperson image Rajawat , Nupur Mitra , Priya Kumar , Renuka Ramnath and Tanya Dubash is included . The other cities that are open its branches in Kolkata , Guwahati , Ahmedabad , Chennai and Bangalore are also included .
Women's groups at seven per cent debt :
Mumbai . The Reserve Bank has directed all government banks that give loans to women SHGs seven per cent interest . The central bank said in a notification issued by the golden , village self-employment scheme - livelihood [ SGSY ] scheme is to provide a lower rate of these groups .