Mahila Bank to open three new branches in North East
Banks

Mahila Bank to open three new branches in North East

Views: 563

Bharatiya Mahila Bank (BMB), the first all-woman bank, will open three more branches in the north-eastern region this week, official sources said.

These branches will be coming up in Tripura’s capital city here, Shillong in Meghalaya and Itanagar in Arunachal Pradesh, RBI sources said here.

The bank’s Chairman and Managing Director Usha Anantha Subramanian will inaugurate the Agartala branch tomorrow, BMB Deputy General Manager Maya M C said in a press statement.

The first BMB branch in the north-east was set up in Guwahati last November.

The bank will close the current financial year with 25 branches. It also plans to add over 55 new branches next year.

Apart from regular products, BMB is offering women exclusive loans to set up day-care centres, beauty parlours and catering units.

It has tied up with New India Assurance Company Ltd to extend general insurance products to the poor, under- privileged and working women.

Get a chance to meet who's who of Transport ecosystem in India including key policymakers from Central and State Governments. Join us at National Summit on ‘Strategy for Ports, Highways Infrastructure and Logistics Efficiency , New Delhi on Aug 13, 2018 to explore business opportunities. Like and connect with us on Facebook, Linkedin and Twitter.
Click to comment

Leave a Reply

Your email address will not be published.

Latest News

To Top