All women bank to have 25 branches by fiscal-end

Government plans to set up about 25 branches of the proposed public sector Bharatiya Mahila Bank, India's first allwomen bank, by the end of this fiscal.

"The Bharatiya Mahila Bank proposes to complete the first six branches at Mumbai, Delhi, Kolkata, Chennai, Indore and Guwahati by October 15 and take the total to 25 by March 31, 2014," an official said.  The government has already approved Rs 1,000 crore seed capital for the women focused public sector bank, announced by Finance Minister P Chidambaram in his budget speech. 

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