Bharatiya Mahila Bank (BMB) will come into existence from Nov 01, 2013.
Earnestly wish that it will be a unique bank for empowering women unlike
the one in cooperative sector founded four decades ago and vanished: http://en.wikipedia.org/wiki/Pratibha_Mahila_Sahakari_Bank.
No doubt as on date, we have over a dozen top women bankers in India: http://www.deccanchronicle.com/...; and there are other successful outfits run by women like SEWA Bank (1972), and Mann Deshi Bank (1997), et al! They have performed wonderfully in rural areas. Will BMB be urban-oriented in public sector backed by Govt? How will it change the life of women customers? Whether UPA is launching this new bank only with 2014 elections in view? What has been the take away from Microfinance, Self Help Groups and Financial Inclusion efforts all these years? Lets wait and see now!
No doubt as on date, we have over a dozen top women bankers in India: http://www.deccanchronicle.com/...; and there are other successful outfits run by women like SEWA Bank (1972), and Mann Deshi Bank (1997), et al! They have performed wonderfully in rural areas. Will BMB be urban-oriented in public sector backed by Govt? How will it change the life of women customers? Whether UPA is launching this new bank only with 2014 elections in view? What has been the take away from Microfinance, Self Help Groups and Financial Inclusion efforts all these years? Lets wait and see now!
