2. By The Women And For The Women.

There are very few banks that exclusively serve women. The government of India has understood the necessity and the need for women banks in India. The specialty of these women banks are that, the employees who work in these banks are also women and women-run businesses and also employs predominantly women. The motto, behind the 2013 budget session is to speak out the gender-related aspects of empowerment and financial inclusion.

As these banks will be managed by women professionals, it will increase the employment opportunities for women various departments like finance, accounts, operations, information technology and human resources.

Infact, most of the banks will not satisfy all the needs of women. But these banks will provide all the facilities related to terms of allowance, incentives, maternity leave with other benefits and flexibility.

Infact, these banks will greatly help urban and rural women through women self help groups (SHGs).

Also Read:

5 Stress Busters to Lighten Your Debt Worries

18 Post-Budget Tips to Save Your Taxes