BANKING GENERAL KNOWLEDGE
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Detailed explanation-1: -Nirbhaya by Bharatiya Mahila Bank The IVF treatment coverage under Nirbhaya is available for women under limited financial statuses who have opened an account in Bharatiya Mahila Bank. The policy covers infertility treatment, hospitalization expenses, and maternity coverage without putting a financial burden on women.
Detailed explanation-2: -The Centre has appointed Usha Ananthasubramanian as the first Chairman and Managing Director of the Bharatiya Mahila Bank, the country’s first all-woman bank.
Detailed explanation-3: -The first branch of Bharatiya Mahila Bank (BMB), India’s newest public sector bank, was inaugurated on November 19, 2013 by Prime Minister Manmohan Singh. The BMB will focus on lending predominantly to women, but there will be no restriction on account opening by men.