GUWAHATI, Nov 19 – Guwahati has achieved the unique distinction of being one of the seven cities across India to host the first branches of the all-women Bharatiya Mahila Bank.
“Seven branches, one each at Kolkata, Guwahati, Chennai, Ahmedabad, Bengaluru, Lucknow and Mumbai have been opened simultaneously. It is the first commercial bank established exclusively for women,” an official statement said here.
In addition to normal banking, the Bharatiya Mahila Bank will offer special products designed for woman customers.
The ceremony for the Guwahati branch opening was presided over by Nirupama Borgohain, eminent writer, in presence of several senior bureaucrats, academicians, senior functionaries of the State Bank of India and members of the Chamber of Commerce.
“The bank will exclusively cater to the needs of women of the region… Borgohain expressed happiness and thanked the government for providing a modern ambience for the branch equipped with latest technology,” the statement added.
Bharatiya Mahila Bank, a pioneering initiative to empower women, was launched with a corpus of Rs 1,000 crore to function as a universal bank.
Coinciding with the 96th birthday of the late Indira Gandhi, Prime Minister Manmohan Singh inaugurated the first of its seven branches at a function in Mumbai today in the presence of UPA chairperson Sonia Gandhi, Agriculture Minister Sharad Pawar and Finance Minister P Chidambaram.
The board of the Bharatiya Mahila Bank was constituted with the induction of eight woman members.