It has been reported that country’s first women specialized bank is planning to have its branch in every state. Bank will be opening more branches in rural areas and smaller cities. On the inauguration of the 10th branch of the CMD of the bank reported that Bank is planning to have 80 branches by the end of March 2015.
The bank is trying to enhance the women empowerment. Bank provides loan facilities to the women according to their needs. Women do not have collateral so keeping this in mind bank provides them facility. Bank has introduced loan facilities like day care centre loan, easy SME loan. Recently the bank has tied up with institute of chartered accountants of India to facilitate better education loan facilities to the women, and further bank is also planning to tie up with Motor Company through which bank will help women to own car easily.