Bharatiya Mahila Bank is planning to enter into collaborative ventures with organizations like Kerala’s Kudumbashree. Stating this Usha Ananthasubramanian, CMD of the bank, said the bank is trying to tie up with organizations like Kudumbashree, governments, micro finance institutions and good non-governmental organizations. In Maharashtra, it has tied up with women involved in dry-land farming and in Lucknow it is financing women to buy cycle-rickshaws, she said. The bank’s second branch in Kerala was inaugurated in Kochi. Usha Ananthasubramanian said the bank is targeting a total business of Rs 1,800 crore in the current fiscal year – Rs 1,000 crore deposits and Rs 800 crore advances. Towards the end of the fiscal 2015, the bank will be opening another 50 branches of which 20 will be in rural areas, she added
