This word is probably related to the hebrew (and arabic(?)) banot (pron. "ban'oot") meaning woman... Although the Hebrew is not derogatory as far as I can see...

RST says we should look it up in Monthy Python and the Holy Grail:

"If I went around claiming I was Emperor just on account of that some moistened bint lobbed a scimitar at me, they'd put me up!"