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Indian women gaining ground in banks’ financial inclusion

Indian women gaining ground in banks’ financial inclusion

Women’s access to financial services seems to be progressively improving under the financial inclusion drive undertaken by banks, show Reserve Bank of India data.
There was a marginal improvement in women’s share in the total number of loan accounts. However, their share in the total loan outstanding showed marked improvement.
The share of female loan accounts in the total number of loan accounts has nudged up a tad to 15.82 per cent (15.77 per cent in 2011).

Gender Finance