https://www.taxtmi.com/news?id=17848 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. en-us Tue, 11 Apr 2017 18:14:50 +0530 Tue, 11 Apr 2017 18:14:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17848 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. News - Tue, 11 Apr 2017 18:14:50 +0530 https://www.taxtmi.com/news?id=17848