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A bank that is by women and for women, this Mahila bank in Jorhat of Assam is the first women's bank in the state. Not surprisingly, it is a woman who is the trailblazer here - Lakhimi Baruah, who set up the bank to ensure women were financially empowered. In 2021 she was awarded the Padma Shri, the fourth-highest civilian award in the Republic of India, for her contributions and efforts to empower women of Assam financially.
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