The Bhartiya Mahila Bank which was set up in November 2013 seems to be a flop show. There was a move of Govt. of India to merge the bank with State Bank of India. I tried to open the site but could not succeed in landing onto the site despite several attempts. The print report is sufficient to rate the bank. In its three years, the bank has extended loans of Rs 192 crore to women borrowers. SBI, with which it will soon merge, has provided loans to the tune of Rs 46,000 crore to women borrowers within the same time period.
Further, where the BMB has only seven national branches that exclusively serve women, SBI has 126. Of the two lakh people employed by SBI, 22 percent are women; the current chairperson of SBI is also a woman. The BMB, with 103 branches across the country, has a total business of just Rs 1,600 crore.