The women's bank will support and coordinate with self-help groups and other organisations to promote lending to women. It will also tie up with existing state-run financial institutions to provide other services such as insurance and pension products.

According to the finance ministry's estimates, the bank will expand its presence up to 500 branches by its fourth year of operations. Read More

Jyothi Shankaran

    Jyothi’s last role was as Senior Editor with the business news channel Bloomberg TV India. He also worked as News Editor at business-standard.com, the online version of the business newspaper Business Standard. Jyothi is a chemical engineer from the Regional Engineering College, Srinagar.