Tuesday, April 9, 2013

Is the Mahila Bank a good idea?

......Targeting women as primary customers and employees of a bank to be promoted by the government is a rare combination of good economics and good politics. The Government of India is in the business of banking; its pre-eminent position being challenged recently. In the backdrop of the upcoming election and lack of ability to fund welfare programmes, the Mahila Bank announcement creates the feel-good factor, and can yet be a profitable idea.........

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