Soon Uttaranchal Gramin Bank will be opening three branches exclusively for women in the hill state of Uttarakhand. The first such branch has already started operation at Dehradun’s Indira Nagar locality and being fully managed by women only.
In this branch only women are allowed to open their accounts. This is the 121st branch of the bank. There is a proposal of opening of three more such branches in Pauri and Pithoragarh districts.
A special women centre has also been opened at the head office of the bank. This centre has been started with the help from NABARD. The main drive of the women branch will be to attract Self-Help Groups (SHGs) and Non-Government Organizations (NGOs), having mostly women representatives.
"By opening women branches, we want to salute the women of the hill state who are known as matrishakti' (mothers' power) in Uttarakhand," said Chairman of the Uttaranchal Gramin Bank Threesh Kapoor.
In 2006 Uttaranchal Gramin Bank was formed with the merger of Alaknanda Bank, Ganga-Yamuna Bank and Pithoragarh bank. The bank has made a profit of Rs 8.83 crore before tax this year. This year bank has registered a jump of 233 per cent as compared to the last year.
The exceptional rise in the profit is mainly because of the merger of three banks. The bank is also promoting local artists from the state for this it has set up an art gallery at its head office.
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