About half of India’s banking assets are under the control of women, economist Ajit Ranade had said last year when India’s biggest bank got its first women chief. This is a good enough reason for the financial sector to celebrate Women’s Day.
In a country where gender biases against women are rampant, India’s top banks are headed by women — State Bank of India by Arundhati Bhattacharya as Chairperson and Managing Director, ICICI Bank by Chanda Kochhar, Axis Bank by Shikha Sharma, Bank of India by Vijaylakshmi Iyer and Allahabad Bank by Shubhalakshmi Panse.
In November last year, India opened its first all-women bank Bhartiya Mahila Bank headed by Usha Ananthasubramanian. Read more
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