Empowering Women Entrepreneurs: Nari Shakti Branches Launched by Union Bank of India
| Aspect | Details |
|---|---|
| Event | Union Finance Minister Nirmala Sitharaman inaugurated Nari Shakti branches of Union Bank of India. |
| Locations | Bengaluru, Chennai, Visakhapatnam, and Jaipur. |
| Objective | Boost financial inclusion and support for women entrepreneurs, particularly in manufacturing and service sectors. |
| Key Focus Areas | - Providing credit to women-led businesses. - Removing financial barriers and promoting job creation. |
| Technology-Driven Approach | Adoption of cluster-based and technology-driven schemes to cater to regional economic clusters. |
| Comprehensive Support | - Credit facilities tailored for women. - Skill development, mentorship, advisory services, workshops, and networking opportunities. |
| Union Bank of India | - Headquarters: Mumbai, Maharashtra. - Established: 1919. |
| Vision | Promote female entrepreneurship and contribute to gender equality in economic participation. |