Question 24. Tell Me What Do You Mean By Term ‘loan Maturity' And ‘yield'?
Answer : Sir, the 27th public sector bank in India is Bhartiya Mahila Bank. It was created by Finance Bill 2012. The first BMB was opened in Mumbai on 19th November 2013 on the 94th birth anniversary of Indira Gandhi. India is the third country in the world to have a bank especially for women after Pakistan and Tanzania. Tagline- “women empowerment economically”. Head- Usha Anantha Subramanayam The bank allows deposit from everyone, but lending will be focused for women.
