Friday, August 1, 2014

Loans targeted at women are beneficial

.............Though women-specific loans offer benefits, the case isn’t the same with women-specific deposits. Banks offer savings bank accounts for women with additional features but often, the minimum balance required is higher. For instance, the quarterly minimum balance required in case of Federal Bank’s regular savings bank account is Rs 1,000. But for its Mahila Mitra savings bank deposit for women, the requirement is Rs 5,000........

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