India plants to set up bank for women

India plants to set up bank for women

Those looking for Sonia Gandhi's stamp on the Union Budget seem to have overlooked the government's plan to set up a bank for women, SIA reports quoting foreign press. The bank is expected to be the first of its kind in the world.

On Friday, finance minister P Chidambaram announced the setting up of a bank meant to cater mainly to women clients, including women self-help groups, and mostly has female employee base. It now emerges that the idea came from the Congress chief and her advisors.

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