Women Banks Called Bhartiya Mahila Bank will start services with six branches from November 1. Does it make sense to have such an initiative. A separate department in some PSU banks would have been better.
Now they are looking for 1000cr from planning commission also.
Its a good move specially for the rural areas. i dont think such initiatives would add much beenift in the urban areas or cities. but in villages, it can give a better opportunity to women.
however, it can also backfire considering that anyways women are suppressed. So going to special women banks would sometimes not go down well with their husbands. none the less a good initiative but there a lot more important things that couldve been done beofre that