............, the proposed bank will lend mostly to women and women-run businesses, provide support to women Self Help Groups (SHGs) and their livelihood. Moreover, it will employ predominately women, which addresses the gender-related issues and empowerment and financial inclusion. However, it will take deposits from both men and women. Earlier, a committee headed by headed by former Canara Bank chairman MBN Rao and comprising of bankers and other experts had prepared a blueprint for the all-women bank.
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