Women Outshine Men In Financial Decision Making


Bangalore: Indian women’s participation in making financial decisions is comparatively lower than women from other countries. However, India has witnessed manifold development over the past decades and now Indian women are coming forward and taking steady steps on making financial decisions, reports Lisa Pallavi Barbora of Live Mint.

According to a survey conducted by Nielson on behalf of DSP BlackRock Mutual Funds, about 23 percent of working women in India under the age group between 21and 60 years have become the sole decision-makers as far as investments are concerned. And the number drops to 10 percent when it comes to non-working women.

Single Women

Though, there are few single women who are financially independent, the rest have started coming ahead to know more about investments and savings.

Financial support is very important for single women whether she is a widow or a divorcee. All single women must consider it seriously.

According to Aditi Kothari, executive vice-president and head (marketing) of DSP BlackRock Investment Managers, “Women who are separated from their husbands find themselves in a bind and lost on financial aspects. But there is a lot of potential to make good investment decisions since surplus funds are available and there is a need to financially secure the family’s future.”

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