Bank Branch Manager Question:
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Explain me something about the 27th or latest public sector bank in India?


Sir, the 27th public sector bank in India is Bhartiya Mahila Bank. It was created by Finance Bill 2012. The first BMB was opened in Mumbai on 19th November 2013 on the 94th birth anniversary of Indira Gandhi. India is the third country in the world to have a bank especially for women after Pakistan and Tanzania.

☛ Tagline- “women empowerment economically”.
☛ Head- Usha Anantha Subramanayam
☛ The bank allows deposit from everyone, but lending will be focused for women.
☛ This bank is very important because it is the latest and 27th PSB of India. So, try to know every basic point about BMB.
Initial capital of Rs. 1000 crore.

Similarly, if there has been some other initiative in that year, you should be well aware of it.

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