9/4/2023 0 Comments Personal finance for womenWomen’s banking is the most empowered tool directly linked to savings. It is time to shift mindsets and gain knowledge of finance and banking. Banks and financial institutes are boosting women’s wealth with several targeted banking services for women. Keeping this in mind, the government and banks are taking steps to create awareness and saving incentives for women across all sections. Reducing the gender gap in the finance sector would lead to higher stability in the banking system, and can also lead to economic as well as societal benefits. However, in the words of *Linda Davis Taylor, CEO, and chairman of Clifford Swan Investment Counsellors, "Wealth without knowledge is wealth wasted." Though many women have earned money, personal finance for women has been largely driven by their fathers or spouses who have taken care of their banking and investments both amongst the literate and illiterate earners.Īccording to a study conducted by the IMF, greater inclusion of women in financial services as users, providers, and regulators, would have benefits beyond just gender equality. These women acted as financial agents, preparing society towards change with confidence and competence. Why Should You Opt for Bank of Baroda's Banking Services for Womenįrom Gen X to Gen Z, a conscious mindset change is palpable amongst women earners who have not only earned but also invested. Why are Banking Services for Women so Significant?īanking Services for Women Senior Citizensīanking is Empowering women in India in multiple ways:
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |