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Prime Minister Manmohan Singh inaugurated the country’s first female bank Indian female Bank Limited in Mumbai on Tuesday . The primary objective of the establishment of the Women’s Bank needs of women, particularly in view of providing banking products. Under normal savings account from 0.50 to 1.0% higher interest than banks can get to the option holders. SBI’s profits down by 33% Prime Minister Manmohan Singh said at the opening of the Bank will provide financial services to women and their self-help groups. They hope that through female bank would increase women’s participation in financial inclusion goals. At the beginning of the …
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