Bharatiya Mahila Bank Ltd has been conferred with The Asian Banker Achievement Award 2015. The award was presented for Technology Implementation in the category of Best Outsourcing Project (New Bank) at a function held recently in Hongkong as a part of The Asian Banker Summit 2015. The award was received by the Chairman and Managing Director of BMB Usha Ananthasubramanian. 

Tidbits

1. BMB was inaugurated by former Indian Prime Minister Manmohan Singh on November 2013.
2. The Bank’s initial capital consists of Rs 1,000 crores. 
3. The slogan of BMB is Empowering Women; Empowering India. 
4. In India, only 26% of women have an account with a formal financial institution, compared with 46% of men.
5. India is the third country in the world to have a bank especially for women, after Pakistan and Tanzania.