Hon'ble Prime Minister Dr. Manmohan Singh JI and United Progressive Alliance (UPA) Chairperson Ms Sonia Gandhi are expected to be present at the inaugural ceremony of the country's first all-woman bank in Mumbai on Tuesday, coinciding with the birth anniversary of former Prime Minister Indira Gandhi. Finance Minister Sri P Chidambaram will also attend the event. Headquartered in Delhi, the bank proposes to have 25 branches by March 31, 2014.The Finance Minister had announced the setting up of the all-woman bank in his Budget speech this year. The bank will be set up with an initial capital of Rs 1,000 crore. The government appointed Ms Usha Ananthasubramanian as the bank's Chairperson and Managing Director. To view news in detail, please CLICK HERE.
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