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BMB

BMB proved costly to run, merger with SBI to serve more people

BMB proved costly to run, merger with SBI to serve more people

Bharatiya Mahila Bank that served only women customers turned out to be a costly affair in view of its limited outreach but now its merger with SBI will help reach out to a wider clientele at the same cost.

Bharatiya Mahila Bank to merge with SBI

Bharatiya Mahila Bank to merge with SBI

The government on Monday said it has decided to merge the Bharatiya Mahila Bank (BMB) with the State Bank of India (SBI) to ensure greater banking services outreach to more women.

SBI pushes merger of 5 associate banks, BMB to next fiscal

SBI pushes merger of 5 associate banks, BMB to next fiscal

State Bank chairperson Arundhati Bhattacharya today hinted that the mega merger of its five associate banks and Bharatiya Mahila Bank (BMB) could be pushed to the next financial year as it is still awaiting the government notification on the move.

SBI chief Arundhati Bhattacharya gets a second term, for a year

SBI chief Arundhati Bhattacharya gets a second term, for a year

After creating history by becoming the first woman to head the nation's largest lender State Bank of India, Arundhati Bhattacharya today earned another first by landing an extension for a year.

Govt to go ahead with merger of SBI subsidiaries, BMB: Arun Jaitley

Govt to go ahead with merger of SBI subsidiaries, BMB: Arun Jaitley

Unfazed by the protests of bank unions, Finance Minister Arun Jaitley on Thursday said the government will go ahead with the merger of associates banks and Bharatiya Mahila Bank with SBI as the proposal has been approved at the highest level by the Union Cabinet.

Finance Ministry considering merger of Bhartiya Mahila Bank with SBI

Finance Ministry considering merger of Bhartiya Mahila Bank with SBI

Finance Ministry is considering a proposal to merge newly created Bharatiya Mahila Bank (BMB) with State Bank of India.

Mahila Bank will have 80 branches pan-India by March

The number of Bhartiya Mahila Banks (BMB), the country's first all-women bank chain, will touch 80 branches across the country with 20 exclusive ones in rural areas by March this year, a top official said Monday.

Bharatiya Mahila Bank targets Rs 1,800 cr biz this fiscal

Bharatiya Mahila Bank (BMB), incorporated under the Companies Act last fiscal to extend banking services especially to women, is targetting at a business of Rs 1,800 crore this fiscal.

Bharatiya Mahila Bank included in second schedule to RBI Act

Bharatiya Mahila Bank, the country's first all-women lender, has been included in the second schedule to the RBI Act.

Bharatiya Mahila Bank sets up branch in Bihar

The access to finance and banking services being provided by the BMB would empower women and broaden their social base of development for equitable growth she said.

Mahila Bank to open 3 more branches in North-east this week

Bharatiya Mahila Bank (BMB), the first all-woman bank, will open three more branches in the north-eastern region this week, official sources said Sunday.