Bhartiya Mahila Bank Started Recruitment Process

Bhartiya Mahila Bank, the first nationalised bank for women expected to be operational from November 2013.

Created On: Sep 19, 2013 18:37 ISTModified On: Sep 20, 2013 13:15 IST

Bhartiya Mahila Bank, the first nationalised bank for women expected to be operational from November 2013.Bhrtiya Mahila Bank In its first advertisement on 18 September 2013 announced that the Bharatiya Mahila Bank (BMB) will recruit 115 vacancies from female candidates only.

Main Objective of Bhartiya Mahila Bank

The main objective of Bhartiya Mahila Bank is to focus on the banking needs of the women and promote economic empowerment. It will also addresses the gender related issues and helpful in financial inclusion.

Headquarter of Bharitiya Mahila Bank and branches

• The proposed bank will be headquartered in New Delhi.

• It will start with 6 branches in North, South, West, Central and North Eastern part of the country. Bharatiya Mahila Bank proposes to complete the first six branches at Mumbai, Delhi, Kolkata, Chennai, Indore and Guwahati by October 15.

About Bharitiya Mahila Bank

• The bank aims to service women and women-run businesses, support women’s self-help groups and their livelihoods and promote further financial inclusion in a country where only 35 percent of Indian adults have access to a bank account.
• An only-for-women bank first time in India.
• The announcement to set up all Women’s bank was made by Finance Minister of India P Chidambaram in the Budget speech 2013-14.
• The Cabinet cleared the proposal for setting up of all-women bank on August 2013.
• The government has approved 1000 crore Rupees seed capital for Bhartiya Mahila Bank.
• Reserve Bank of India gave its in-principal approval for the Bharatiya Mahila Bank in June 2013 and the banking company is being set up.

Take Weekly Tests on app for exam prep and compete with others. Download Current Affairs and GK app

एग्जाम की तैयारी के लिए ऐप पर वीकली टेस्ट लें और दूसरों के साथ प्रतिस्पर्धा करें। डाउनलोड करें करेंट अफेयर्स ऐप


Related Stories

Comment (0)

Post Comment

6 + 3 =
Disclaimer: Comments will be moderated by Jagranjosh editorial team. Comments that are abusive, personal, incendiary or irrelevant will not be published. Please use a genuine email ID and provide your name, to avoid rejection.

    Monthly Current Affairs PDF

    • Current Affairs PDF November 2021
    • Current Affairs PDF October 2021
    • Current Affairs PDF September 2021
    • Current Affairs PDF August 2021
    • Current Affairs PDF July 2021
    • Current Affairs PDF June 2021
    View all

    Monthly Current Affairs Quiz PDF

    • Current Affairs Quiz PDF November 2021
    • Current Affairs Quiz PDF October 2021
    • Current Affairs Quiz PDF September 2021
    • Current Affairs Quiz PDF August 2021
    • Current Affairs Quiz PDF July 2021
    • Current Affairs Quiz PDF June 2021
    View all