Mahila Bank, CA Institute tie-up

Bharatiya Mahila Bank Ltd (BMB) has signed a memorandum of understanding with the CA Institute for financing students pursuing chartered accountancy course. Girl students pursuing CA course will be offered a 1 percentage point concession in the interest rate. Another memorandum of understanding was also signed for financing members of the CA Institute for setting up offices. To encourage more women professionals to take up practice, a 1 percentage point concession in the interest rate is being offered on loans to set up practice. The MoUs were signed by Usha Ananthasubramanian, Chairman and Managing Director, BMB, and Subodh Kumar Agrawal, President, Institute of Chartered Accountants of India, here.