The number of Bhartiya Mahila Banks (BMB), the country's first all-women bank chain, will touch 80 branches across the country with 20 exclusive ones in rural areas by March this year, a top official said
"Till March 2015 we have decided to open (have) 80 branches of BMB in the country with 20 exclusive in rural areas," Chairman & Managing Director Usha Ananthasubramanian told news agency. The CMD arrived here to open the first BMB branch in the state capital, the 39th in the country.
The bank has already opened a branch in Indore and will soon open another in Ujjain. She also informed that the bank will open its 40th branch tomorrow in Bengaluru. Also, it has plans to establish the branches in cities like Surat, Vijayawada, Jamshedpur and Nagpur among others.
The Bhopal branch was inaugurated by former Madhya Pradesh Chief Secretary Nirmala Buch in the presence of Additional Chief Secretary, Panchayat and Rural Development, Aruna Sharma.