81 Tests, 2019 Articles
and counting ...

Get Ready For All-Women Bank By October

PUBLISHED BY: SURENDER KUMAR
MARCH 02, 2013

   
  submit to reddit   Delicious   Digg   LinkedIn  

 

 

India is ready for its first public sector all-women bank by October this year with the government announcing an initial capital outlay of Rs. 1,000 crore for this purpose. This was part of the budget proposals for 2013-14.


The necessary approvals and banking licences are expected by October, 2013. The proposed bank will give loans mostly to women and women-run businesses, support women Self Help Groups (SHGs) and women livelihoods.



ARCHIVES -- CURRENT AFFAIRS

Tell Us About gkmine.com

We Listen ...


Fortnightly Contest


... WIN Exciting Prizes ...

item-pointer Coming Soon ...

... Previous Winners ...