Why India Should Have Women Centric Banks?


3. The Success Mantra

Though every year the budget comes with some special provisions for women welfare, there have been constant criticisms from several opposition leaders as well as the public.

Infact, research shows that some strict guidelines and measures will help in establishing a successful women bank.

“The new bank is expected to have adequate trained women employees to provide banking services to even to the unbanked population of India,” believes R Chattani, General Manager, IT, UCO Bank.

Rather than just establishing the bank in one place, it is very important to come out with different branches across the country. The banks should provide different schemes that will empower women and encourage higher education for girl child by providing education loans with lesser interest rates.

The bank professionals should provide information to the people about its new scheme and bring in some awareness about the benefits that they get from these banks. Infact, this is where the success of the bank lies in.

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