Rising share in deposits…
- Women accounted for 35.2% of bank accounts in Mar ’22, up from 30.8% in Mar ’19
- 30% of accounts held in rural areas are with women
- Women’s share of deposits in rural areas grew at double the rate compared to metropolitan regions
- Average deposit grew faster for men between Mar ’19 and Mar ’22
- For every rupee deposited by women, men held Rs 1.03 in Mar ’22
- Ratio was 1.01 in Mar ’19
- In metros, average deposit was higher for women compared to men
- PSBs account for two-thirds of deposits and bank accounts
- Women’s preference for regional rural and small finance banks has increased
- Private banks’ share stable at a quarter of women’s deposits
- More women go for private sector, small finance and regional rural banks than men
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