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<h1>Merger of women-focused bank to expand affordable credit and scale women-centric financial services nationwide.</h1> Merger of Bharatiya Mahila Bank into State Bank of India was undertaken to expedite delivery of affordable credit and women-centric services by using a larger branch network and lower cost of funds. The release stresses BMB's limited outreach, higher administrative costs and modest lending to women compared with the acquirer's greater scale and capacity to expand women-focused lending, presenting consolidation as a means to improve operational efficiency and outreach for women's financial inclusion.