The first branch of Bharatiya Mahila Bank was opened in Shimla. It was inaugurated by Mrs. Usha Anantha Subramaniam, the Chairperson and Managing Director of the bank.
This is the first branch of the bank in Himachal Pradesh and 17th in the country. The bank has plan to raise this number to 25 till the end of this month.
On this occasion, Mrs. Subramaniam said that the bank is designed to cater to the needs of women and empower them through self employment. She also said that the bank will also conduct programmes on financial literacy, skill development and training for women from all segments of the society, so that women in turn generate more income.