--- title: "Which of the following India’s first women-oriented bank aimed at providing loans and financial services to women?" description: "Which of the following India’s first women-oriented bank aimed at providing loans and financial services to women?" author: "Ana Paulson" published: 2018-02-28 canonical: https://answers.mindstick.com/qa/35628/which-of-the-following-india-s-first-women-oriented-bank-aimed-at-providing-loans-and-financial-services-to-women category: "history, politics & society" tags: ["prime minister"] reading_time: 2 minutes --- # Which of the following India’s first women-oriented bank aimed at providing loans and financial services to women? Which of the following [India](https://answers.mindstick.com/qa/34637/who-is-the-ceo-of-forbes-india)’s first [women](https://answers.mindstick.com/qa/62155/name-the-indian-badminton-player-who-won-women-s-singles-in-daihatsu-indonesia-masters-2019)-oriented [bank aimed at providing](https://answers.mindstick.com/qa/35141/name-of-the-bank-which-is-india-s-first-women-oriented-bank-aimed-at-providing-loans-and-financial-services-to-women) loans and [financial services](https://answers.mindstick.com/qa/34678/who-is-the-founder-of-oracle-financial-services) to women? ## Answers ### Answer by Saddiya Anwar Why bank account access is necessary for **women's economic empowerment**? **[Bank](https://answers.mindstick.com/qa/52064/who-is-the-governor-of-reserve-bank-of-india-at-present)**access is necessary to back up women's economic empowerment because it is considered as the best provision to save money at a safe place than to step in exploited strategies offered by the scammers. Banks also understand the need for investment, loans, and other [financial](https://answers.mindstick.com/qa/41937/what-was-hamilton-s-financial-program) [services](https://answers.mindstick.com/qa/32260/which-indian-bank-has-recently-signed-a-mou-with-poorti-agri-services-pvt-ltd-to-enable-the-farmers-to-purchase-agricultural-inputs) which helps in empowering women's economic and social status in education, property, business. That's why a bank was set up by the **Government of India** on the realization of the crucial need of uplifting the economic standard of women. \ ![Which of the following India’s first women-oriented bank aimed at providing loans and financial services to women?](https://answers.mindstick.com/questionanswer/f6d0b691-61a0-4a77-bc73-26c58ceb62a1/images/b2bd4fe2-1d5c-44d5-9050-750d62b72079.jpeg) \ The first public sector bank established to cater to the needs of women, Bhartiya Mahila Bank, to empower women across the nation by strengthening the economic growth who do have a reach to the basic financial services such as bank accounts or loans. This bank has its first branch in Mumbai with headquarters in New Delhi. ![Which of the following India’s first women-oriented bank aimed at providing loans and financial services to women?](https://answers.mindstick.com/questionanswer/f6d0b691-61a0-4a77-bc73-26c58ceb62a1/images/bff692a9-320b-45aa-8191-8a7ffd07ad92.jpeg)\ Though there have been several great achievements made by the women, many continued to confront financial imbalance. That's why Bhartiya Mahila Bank was set up on the **19th of November, 2013** by the former Prime Minister, Manmohan Singh. In 2017, BMB merged with the country's largest lender, "***State Bank of India***" to offer great banking to women. \ > Read More: [answers.mindstick.com](https://answers.mindstick.com/qa/33069/from-which-year-indian-government-sponsored-national-film-award) --- Original Source: https://answers.mindstick.com/qa/35628/which-of-the-following-india-s-first-women-oriented-bank-aimed-at-providing-loans-and-financial-services-to-women Copyright © MindStick Software Pvt. Ltd. This Markdown version is provided for developers, AI systems, and offline reading.