“The government is also on look-out for locations to set up the branches in Kolkata, Guwahati, Chennai, Bangalore, Jaipur, Lucknow, Mysore and Indore. The proposed bank to be headquartered in Delhi is likely to be operational by November this year. The Reserve Bank of India gave its in-principal approval for the Bharatiya Mahila Bank in June.”

The key objectives of the bank is to focus on the financial needs of women and promote economic empowerment.
Indias first all-women bank