State Bank of Travancore launches new shemes for women

The State Bank of Travancore has launched two products specially designed for women, a new savings deposits scheme SBT Prathibha, and a loan scheme at 8% interest, named SBT Mahila Vikas.

THIRUVANANTHAPURAM: The State Bank of Travancore has launched two products specially designed for women, a new savings deposits scheme SBT Prathibha, and a loan scheme at 8% interest, named SBT Mahila Vikas.

The latter scheme is meant to provide term loan/working capital to units promoted by women, for loan limits ranging from Rs 50,000 to Rs 25 lakh, bank officials said here.
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