Wednesday, November 20, 2013

Bharatiya Mahila Bank targets break-even in 3-5 years

 Bharatiya Mahila Bank Ltd (BMB), India’s newest public sector bank, is likely to break-even in the next “three to five years” and total business will rise to Rs.60,000 crore by 2020, finance minister P. Chidambaram said after inauguration of the bank on Tuesday. For Indian banks, total business is combination of deposits and advances. “In due course, the bank will be listed,” he said............

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