Q. First woman bank in India is operated at:

A
Mumbai
B
Delhi
C
Chennai
D
Calcutta
Solution:

Bharatiya Mahila Bank (BMB) was an Indian financial services banking company based in Mumbai, India. Former Indian Prime Minister Manmohan Singh inaugurated the system on 19 November 2013 on the occasion of the 96th birth anniversary of former Indian Prime Minister Indira Gandhi.[1] Although initially reported as a bank exclusively for women, the bank allows deposits to flow from everyone, but lending will be predominantly for women. India is the third country in the world to have a bank especially for women, after Pakistan and Tanzania.[2] The bank was merged with State Bank of India on 31 March 2017.

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