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    <title>Text of the speech of the Union Finance Minister Shri P Chidambaram at the inauguration of Bharatiya Mahila Bank</title>
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    <description>The speech announces the establishment of a public sector universal bank-Bharatiya Mahila Bank-tasked with expanding women&#039;s access to full banking services and credit, creating branches nationwide (and later abroad), and addressing institutional bias by increasing the share of credit to women. Governance is vested in an eight-member all-women Board of Directors, and the bank targets clients from self-help groups to high net-worth women while aiming to leverage projected growth in deposits and credit to broaden financial inclusion for women.</description>
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