Again, bash is a shell. This is a terminal emulator. This even provides you the option to get bash along with it in the form of msysgit which comes with bash.
I think there might be a little bit of confusion/diffusion of the separation here. This page seems to be talking about terminal emulator and shell features:
"There is simple support for aliases. They can by using alias command like alias ls=ls --color $ They are pretty much just doskeys in file /config/aliases. One per line. And make sure to handle arguments by putting arguments variable $* somewhere."*
"Shell
Shift + Up : Traverse up in directory structure (lovely feature!)
End, Home, ctrl : Traversing text with as usual on Windows
