India's first All Women Bank- Bhartiya Mahila Bank

Government plans to set up about 25 branches of the proposed public sector Bharatiya Mahila Bank, India's first all women bank, by the end of this fiscal. 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. The bank will be headquartered at New Delhi.