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India’s Tribe Of Women Borrowers Is Growing
Women make up a rising share of all individual loan accounts, shows RBI data.
21 Jul 2020, 12:12 PM IST
For long, India has wanted to bring more women into the formal financial sector. From self-help groups and microfinance lending targeted towards women to a failed-attempt to open a women’s only bank in the Bharatiya Mahila Bank.While some of these policies worked and others didn’t, the share of women in India’s borrower base has steadily been on the rise. Apart from rural areas, where lending to women is now a proven strategy, urban ...
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