Committee to prepare blueprint for women's bank
In the national budget for 2013-14 presented Feb 28, Finance Minister P Chidambaram has proposed to set up the country's first women's bank.
New Delhi: The government on Friday set up a committee headed by former chairman and managing director of Canara Bank MBN Rao to prepare the blueprint for the country's first women's bank.
The six-member committee has been asked to submit its report by April 30, 2013, the finance ministry said in a statement.
In the national budget for 2013-14 presented Feb 28, Finance Minister P Chidambaram has proposed to set up the country's first women's bank as a public sector bank.
"The bank is expected to start functioning from November, 2013," the finance ministry said.
Members of the committee that will prepare the blueprint for the proposed bank include, MD Mallya, former chairman of Bank of Baroda, Jayshree Vyas, managing director of SEWA, Arundhati Bhattacharya, managing director of SBI Caps, Usha Ananthasubramaniam, executive director, Punjab National Bank, and K Ramakrishnan, chief executive, Indian Banks' Association.
Recommended For You
- Vijay Hazare Trophy: Centurion MS Dhoni Guides Jharkhand To Win
- Oscars 2017: Why The Sudden Criticism For La La Land Is Disappointing
- WhatsApp Status Update: How to Use it And All You Need to Know
- Oscars 2017: Why Dev Patel Deserves to Win for Lion
- Oscars 2017: 20 Lesser Known Facts About the Most Prestigious Film Awards