Tuesday, May 20, 2025
Women India
Advertisement
  • Home
  • About us
  • News
    • Lifestyle
      • Home & Decor
      • Travel & Leisure
      • Fashion & Style
      • Beauty & Skincare
      • Food & Recipes
    • Health & Wellness
      • Mental Health
      • Nutrition
      • Physical Fitness
      • Women’s Health
      • Yoga & Meditation
    • Career & Business
      • Career Advice
      • Investment
      • Leadership & Mentorship
      • Work-Life Balance
      • Women Entrepreneurs
      • Inspiration & Stories
    • Inspiration & Stories
      • Women Achievers
      • Change Makers
      • Grassroots Heroines
      • Interviews & Profiles
      • Celebrity Stories
    • Culture & Society
      • Women in Indian Culture
      • Social Change
      • Festivals & Traditions
      • Regional Spotlights
      • Religion & Spirituality
    • Events & Community
      • Women-Centric Events
      • Webinars & Workshops
      • Community Voices
      • Local Groups & Forums
      • Awards & Recognitions
  • Magazine
  • Women’s Rights
    Women officers to help PM unfurl flag on I-Day

    Women officers to help PM unfurl flag on I-Day

    App Helps Identify Autistic Children in India.

    App Helps Identify Autistic Children in India

    Salmon Arm’s Mamas for Mamas took home the bulk of the money donated at Shuswap Women Who Wine’s latest Community Giving Event held at R.J. Haney Heritage Village and Museum on Saturday, June 18, 2023

    Salmon Arm’s Mamas for Mamas the toast of latest Shuswap Women Who Wine event

    Tech can help remove biases against women at the hiring level, while hybrid work gives women the highest flexibility, say tech leaders Sindhu Gangadharan and Irina Ghose.

    Tech & hybrid the tools to plug leak in women talent pipeline, says women panel at BT Tech Today Congress

    Chandrika Majhi holds her baby son outside her house in Gadadi, India.

    Women’s rights at stake as India’s population surpasses China’s

    India can move forward only by raising the levels of respect for women: PM Modi

    India can move forward only by raising the levels of respect for women: PM Modi

    Meet Nilima Motapatri, one of India’s richest women, not from IIT, IIM, her business is…

    Meet Nilima Motapatri, one of India’s richest women, not from IIT, IIM, her business is…

    Mothers are the primary influencers of children since the time they are born. Having a working mother can mould the psyche of children and make them more attuned to gender balance.

    7 ways working mothers influence children that will change your view about ‘letting’ women work

    Five Women Officers (WOs) being commissioned into the Regiment of Artillery are being provided exactly the same opportunities and challenges as their male counterparts

    First Batch of Women Officers Commissioned into the Regiment of Artillery of the Indian Army

  • Entrepreneurs
    Jyoti Ratre, 55, Becomes Oldest Indian Woman to Conquer Mount Everest: Who is she?

    Jyoti Ratre, 55, Becomes Oldest Indian Woman to Conquer Mount Everest: Who is she?

    Meet Amita Goyal Mumbai based Business women Entrepreneur & founder of Glasba Services , read her Success Story here

    Meet Amita Goyal Mumbai based Business women Entrepreneur & founder of Glasba Services , read her Success Story here

    From Isha Ambani to Namita Thapar: Lavish homes of India's women entrepreneurs

    From Isha Ambani to Namita Thapar: Lavish homes of India’s women entrepreneurs

    Trailblazing Entrepreneur Recognized for Her Achievements

    Trailblazing Entrepreneur Recognized for Her Achievements

    Goldman Sachs' education programme helped 2,400 Indian women entrepreneurs generate 28,000 cr revenue

    Goldman Sachs’ education programme helped 2,400 Indian women entrepreneurs generate 28,000 cr revenue

    Entrepreneur Zafreen Khan and her journey to success

    Entrepreneur Zafreen Khan and her journey to success

    Saral Creating An Ecosystem To Empower Women

    Saral Creating An Ecosystem To Empower Women

    How scrap paper helped Delhi’s Poonam Gupta set up a business empire in Scotland

    How scrap paper helped Delhi’s Poonam Gupta set up a business empire in Scotland

    The Future of Female Entrepreneurs in Beauty Shines Bright—shark Tank India Has Proof

    The Future of Female Entrepreneurs in Beauty Shines Bright—shark Tank India Has Proof

  • Women and Girls
    Empowering girls through STEM education

    Empowering girls through STEM education

    The women of Kanal Tola village are forced to live in this hut which has no door and no amenities.

    Banished for Bleeding: Tribal Indian Women Get Better Period Huts

    Largest Unit of Indian Women Peacekeepers in Sudan Conflict Zone

    Largest Unit of Indian Women Peacekeepers in Sudan Conflict Zone

    AI’s Captain Zoya Becomes The 1st Indian To Enter the SFO Aviation Museum

    AI’s Captain Zoya Becomes The 1st Indian To Enter the SFO Aviation Museum

    The stamp issued in 1998 in honour of Savitribai Phule

    On Savitribai Phule Jayanti, Know Why Every Literate Indian Woman is Indebted to Her

    UNDP Launches Ambitious Plan to Speed Up Progress on Gender Equality and Women’s Empowerment

    UNDP Launches Ambitious Plan to Speed Up Progress on Gender Equality and Women’s Empowerment

    Achieving Gender Equality in India: What Works, and What Doesn’t

    Achieving Gender Equality in India: What Works, and What Doesn’t

    Making Science An Inclusive Space For Women And Girls

    Making Science An Inclusive Space For Women And Girls

    Women Scientists Focus of Three Indian Science Journals

    Women Scientists Focus of Three Indian Science Journals

  • Contact Us
  • Team
No Result
View All Result
  • Home
  • About us
  • News
    • Lifestyle
      • Home & Decor
      • Travel & Leisure
      • Fashion & Style
      • Beauty & Skincare
      • Food & Recipes
    • Health & Wellness
      • Mental Health
      • Nutrition
      • Physical Fitness
      • Women’s Health
      • Yoga & Meditation
    • Career & Business
      • Career Advice
      • Investment
      • Leadership & Mentorship
      • Work-Life Balance
      • Women Entrepreneurs
      • Inspiration & Stories
    • Inspiration & Stories
      • Women Achievers
      • Change Makers
      • Grassroots Heroines
      • Interviews & Profiles
      • Celebrity Stories
    • Culture & Society
      • Women in Indian Culture
      • Social Change
      • Festivals & Traditions
      • Regional Spotlights
      • Religion & Spirituality
    • Events & Community
      • Women-Centric Events
      • Webinars & Workshops
      • Community Voices
      • Local Groups & Forums
      • Awards & Recognitions
  • Magazine
  • Women’s Rights
    Women officers to help PM unfurl flag on I-Day

    Women officers to help PM unfurl flag on I-Day

    App Helps Identify Autistic Children in India.

    App Helps Identify Autistic Children in India

    Salmon Arm’s Mamas for Mamas took home the bulk of the money donated at Shuswap Women Who Wine’s latest Community Giving Event held at R.J. Haney Heritage Village and Museum on Saturday, June 18, 2023

    Salmon Arm’s Mamas for Mamas the toast of latest Shuswap Women Who Wine event

    Tech can help remove biases against women at the hiring level, while hybrid work gives women the highest flexibility, say tech leaders Sindhu Gangadharan and Irina Ghose.

    Tech & hybrid the tools to plug leak in women talent pipeline, says women panel at BT Tech Today Congress

    Chandrika Majhi holds her baby son outside her house in Gadadi, India.

    Women’s rights at stake as India’s population surpasses China’s

    India can move forward only by raising the levels of respect for women: PM Modi

    India can move forward only by raising the levels of respect for women: PM Modi

    Meet Nilima Motapatri, one of India’s richest women, not from IIT, IIM, her business is…

    Meet Nilima Motapatri, one of India’s richest women, not from IIT, IIM, her business is…

    Mothers are the primary influencers of children since the time they are born. Having a working mother can mould the psyche of children and make them more attuned to gender balance.

    7 ways working mothers influence children that will change your view about ‘letting’ women work

    Five Women Officers (WOs) being commissioned into the Regiment of Artillery are being provided exactly the same opportunities and challenges as their male counterparts

    First Batch of Women Officers Commissioned into the Regiment of Artillery of the Indian Army

  • Entrepreneurs
    Jyoti Ratre, 55, Becomes Oldest Indian Woman to Conquer Mount Everest: Who is she?

    Jyoti Ratre, 55, Becomes Oldest Indian Woman to Conquer Mount Everest: Who is she?

    Meet Amita Goyal Mumbai based Business women Entrepreneur & founder of Glasba Services , read her Success Story here

    Meet Amita Goyal Mumbai based Business women Entrepreneur & founder of Glasba Services , read her Success Story here

    From Isha Ambani to Namita Thapar: Lavish homes of India's women entrepreneurs

    From Isha Ambani to Namita Thapar: Lavish homes of India’s women entrepreneurs

    Trailblazing Entrepreneur Recognized for Her Achievements

    Trailblazing Entrepreneur Recognized for Her Achievements

    Goldman Sachs' education programme helped 2,400 Indian women entrepreneurs generate 28,000 cr revenue

    Goldman Sachs’ education programme helped 2,400 Indian women entrepreneurs generate 28,000 cr revenue

    Entrepreneur Zafreen Khan and her journey to success

    Entrepreneur Zafreen Khan and her journey to success

    Saral Creating An Ecosystem To Empower Women

    Saral Creating An Ecosystem To Empower Women

    How scrap paper helped Delhi’s Poonam Gupta set up a business empire in Scotland

    How scrap paper helped Delhi’s Poonam Gupta set up a business empire in Scotland

    The Future of Female Entrepreneurs in Beauty Shines Bright—shark Tank India Has Proof

    The Future of Female Entrepreneurs in Beauty Shines Bright—shark Tank India Has Proof

  • Women and Girls
    Empowering girls through STEM education

    Empowering girls through STEM education

    The women of Kanal Tola village are forced to live in this hut which has no door and no amenities.

    Banished for Bleeding: Tribal Indian Women Get Better Period Huts

    Largest Unit of Indian Women Peacekeepers in Sudan Conflict Zone

    Largest Unit of Indian Women Peacekeepers in Sudan Conflict Zone

    AI’s Captain Zoya Becomes The 1st Indian To Enter the SFO Aviation Museum

    AI’s Captain Zoya Becomes The 1st Indian To Enter the SFO Aviation Museum

    The stamp issued in 1998 in honour of Savitribai Phule

    On Savitribai Phule Jayanti, Know Why Every Literate Indian Woman is Indebted to Her

    UNDP Launches Ambitious Plan to Speed Up Progress on Gender Equality and Women’s Empowerment

    UNDP Launches Ambitious Plan to Speed Up Progress on Gender Equality and Women’s Empowerment

    Achieving Gender Equality in India: What Works, and What Doesn’t

    Achieving Gender Equality in India: What Works, and What Doesn’t

    Making Science An Inclusive Space For Women And Girls

    Making Science An Inclusive Space For Women And Girls

    Women Scientists Focus of Three Indian Science Journals

    Women Scientists Focus of Three Indian Science Journals

  • Contact Us
  • Team
No Result
View All Result
Women India
No Result
View All Result
Home News

Bank deposits: Women’s share rises to 20.5%, per capita deposits up by Rs 4,618 in 5 years

Junior Editor by Junior Editor
August 31, 2023
in News, Featured, Indian Woman
Bank deposits: Women’s share rises to 20.5%, per capita deposits up by Rs 4,618 in 5 years
Share on FacebookShare on Twitter

Bank deposits: Women’s share rises to 20.5%, per capita deposits up by Rs 4,618 in 5 years

Overall, the per capita women deposits increased by Rs 4,618 to Rs 42,503 in the last five years, according to RBI’s latest report ‘Deposits with Scheduled Commercial Banks – March 2023.

If the Reserve Bank of India data on bank deposits is any indication, women have started saving more than men. While the overall deposits of the banking sector increased by 10.2 per cent to Rs 180 lakh crore during the year ended March 2023 and the share of individuals in total deposits declined during the year, the share of women customers in total deposits continued to increase to 20.5 per cent to Rs 37 lakh crore during the year from around 18 per cent five years ago.

Overall, the per capita women deposits increased by Rs 4,618 to Rs 42,503 in the last five years, according to RBI’s latest report ‘Deposits with Scheduled Commercial Banks – March 2023. “Rural areas are the major source of women deposits. The share of women deposits in overall rural deposits has increased in post pandemic period to 30 per cent in FY23 from 25 per cent in FY19 (pre-pandemic year). Further, of the incremental deposits between FY19 and FY23, women deposits accounted for 26 per cent at all India level,” as per RBI data.

RBI data shows that the share is again highest in case of rural areas, with women deposits accounting for 41 per cent of the incremental rural deposits during the same period, according to an SBI Research report on the RBI data.

Meanwhile, total deposits by senior citizens (age 60 and above) amounted to Rs 36.2 lakh crore which represents 38 per cent of the individuals’ deposits and 19.6 per cent of the overall deposits during the year. Within this, women account for 39 per cent (or Rs 37.0 lakh crore) of the individual deposits, according to RBI data.

“Total deposits by senior women citizens (age 60 and above) amounted to Rs 13.2 lakh crore which represents 36 per cent of the individual women deposits and 7.2 per cent of the overall deposits during the year,” the SBI report said.

State wise per capita change in women deposits shows that Goa, Karnataka, Haryana, Kerala, Uttarakhand, Gujarat, HP, Punjab and Maharashtra have witnessed more than Rs 10,000 change in the last five years.

Goa topped with a rise of Rs 26,229 to Rs 1.05 lakh per capital women deposits in 5 years. Karnataka is in the second spot with a per capita rise of Rs 14,849 to Rs 55,537.

According to RBI data, women have more than 35 per cent share in incremental deposits between FY23 and FY19 in states like HP, WB, Punjab, Andhra Pradesh and Bihar. Meanwhile, Maharashtra, Karnataka, Gujarat, Telangana lie at the other end with low share of women deposits in respective incremental deposits. “However, when we look at per capita change in women deposits, Goa, Karnataka, Haryana, Kerala, Uttarakhand, Gujarat, HP, Punjab and Maharashtra have witnessed more than Rs 10,000 change in the last five years,” the report said.

Madhya Pradesh is at the bottom of the table with women in the state showing a rise of Rs 461 to Rs 31,574 in per capita deposits in the last 5 years. Odisha women’s per capita deposit rise was Rs 1,001 to Rs 29,552.

The RBI data also shows improvement in the share of women in credit to individuals, which has increased by 4.7 per cent in the last nine years (women share in FY15: 18.3 per cent). The data further shows that incremental credit of Rs 10.3 lakh crore has disbursed to 7.6 crore new women customers during the period. “Sector-wise credit to women customers indicates that credit has increased in almost all major heads like agri, industry (manufacturing) and trade during FY19-FY23. However, share of women in personal loans segment has remained the same,” SBI report said.

According to RBI data, women have more than 35 per cent share in incremental deposits between FY23 and FY19 in states like HP, WB, Punjab, Andhra Pradesh and Bihar. Meanwhile, Maharashtra, Karnataka, Gujarat, Telangana lie at the other end with low share of women deposits in respective incremental deposits. “However, when we look at per capita change in women deposits, Goa, Karnataka, Haryana, Kerala, Uttarakhand, Gujarat, HP, Punjab and Maharashtra have witnessed more than Rs 10,000 change in the last five years,” the report said.

Madhya Pradesh is at the bottom of the table with women in the state showing a rise of Rs 461 to Rs 31,574 in per capita deposits in the last 5 years. Odisha women’s per capita deposit rise was Rs 1,001 to Rs 29,552.

The RBI data also shows improvement in the share of women in credit to individuals, which has increased by 4.7 per cent in the last nine years (women share in FY15: 18.3 per cent). The data further shows that incremental credit of Rs 10.3 lakh crore has disbursed to 7.6 crore new women customers during the period. “Sector-wise credit to women customers indicates that credit has increased in almost all major heads like agri, industry (manufacturing) and trade during FY19-FY23. However, share of women in personal loans segment has remained the same,” SBI report said.

According to RBI data, women have more than 35 per cent share in incremental deposits between FY23 and FY19 in states like HP, WB, Punjab, Andhra Pradesh and Bihar. Meanwhile, Maharashtra, Karnataka, Gujarat, Telangana lie at the other end with low share of women deposits in respective incremental deposits. “However, when we look at per capita change in women deposits, Goa, Karnataka, Haryana, Kerala, Uttarakhand, Gujarat, HP, Punjab and Maharashtra have witnessed more than Rs 10,000 change in the last five years,” the report said.

Madhya Pradesh is at the bottom of the table with women in the state showing a rise of Rs 461 to Rs 31,574 in per capita deposits in the last 5 years. Odisha women’s per capita deposit rise was Rs 1,001 to Rs 29,552.

The RBI data also shows improvement in the share of women in credit to individuals, which has increased by 4.7 per cent in the last nine years (women share in FY15: 18.3 per cent). The data further shows that incremental credit of Rs 10.3 lakh crore has disbursed to 7.6 crore new women customers during the period. “Sector-wise credit to women customers indicates that credit has increased in almost all major heads like agri, industry (manufacturing) and trade during FY19-FY23. However, share of women in personal loans segment has remained the same,” SBI report said.

Incrementally, share of credit to women in total credit has increased to 25.4 per cent during FY19-FY23, with agriculture, education and trade contributing the most.

Currently 55 per cent of total PMJDY beneficiaries are women. State-wise data of women beneficiaries (by extrapolating the March 2021 numbers), when plotting against the MGNREGS women participation suggests that in southern states, both the shares are more than national average. Further, in states where women participation in MGNREGS is low, women beneficiaries in PMJDY are also low. This indicates a positive corelation between two modes of women empowerment. Thus, efforts should be made to include more women in MGNREGS so that all women are brought under the formal banking system.

According to the RBI report, the share of credit to women borrowers (10.2 crore accounts) continue to increase further to 23 per cent in bank loans to individuals during FY23. “If we look at the data from FY15, it indicates that the share of women in credit to individuals has increased by 4.7 per cent (women share in FY15: 18.3 per cent) and incremental credit of Rs 10.3 lakh crore has been disbursed to 7.6 crore new women customers,” SBI report says.

 

News Source

#womenindia #womenindiatv #womensupportingwomen #womeninbusiness #femaleentrepreneurs #growthmindset #buildalifeyoulove #girlboss #girlpower #womanownedbusiness #GirlBossesUnite #FemaleFounders #Entrepreneurship #Entrepreneur #BrandYourBusiness

Previous Post

Nita Ambani, Sudha Murty to Roshni Nadar: Look at Indian businesswomen, their educational qualifications, net worth

Next Post

'Miror-Menopause Awareness for All': Miror in association with Soham Foundation® Join Forces with the National Health Mission for Empowering Womenwomenindia

Junior Editor

Junior Editor

Next Post

'Miror-Menopause Awareness for All': Miror in association with Soham Foundation® Join Forces with the National Health Mission for Empowering Womenwomenindia

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Who Is the Real China? Eileen Gu or the Chained Woman?

Who Is the Real China? Eileen Gu or the Chained Woman?

February 15, 2022
The Future of Female Entrepreneurs in Beauty Shines Bright—shark Tank India Has Proof

The Future of Female Entrepreneurs in Beauty Shines Bright—shark Tank India Has Proof

January 12, 2023
Shifting the Focus: Migration and Female Labour Force Participation

Shifting the Focus: Migration and Female Labour Force Participation

October 3, 2022
Recent global studies on digital equality highlight that digital transformation’s benefits across high, low and middle-income countries are not reaching most women

Digital transformations for gender equality

May 3, 2023
International Association of Sheet Metal, Air, Rail and Transportation Workers Helps Fund Pioneering Nonprofit’s Construction Camp For Girls

International Association of Sheet Metal, Air, Rail and Transportation Workers Helps Fund Pioneering Nonprofit’s Construction Camp For Girls

0
Marvel’s First Deaf Superhero: A First Step for Disabled Filmmakers

Marvel’s First Deaf Superhero: A First Step for Disabled Filmmakers

0
Working with the Taliban for Women’s Rights: It’s Like Speaking to Fish about Land!

Working with the Taliban for Women’s Rights: It’s Like Speaking to Fish about Land!

0

Announcing the Recipient of the Edie Windsor Champion for LGBTQAI+ Equality Award, 2021

0
Women Engineers Honored as Trailblazers and Changemakers at ASME Foundation Gala

Women Engineers Honored as Trailblazers and Changemakers at ASME Foundation Gala

May 19, 2025
Guneet Monga Kapoor leads launch of Women in Film India, fellowship announced at Cannes Film Festival 2025

Guneet Monga Kapoor leads launch of Women in Film India, fellowship announced at Cannes Film Festival 2025

May 16, 2025
AI Leadership: A New Era of Innovation in Information Management

AI Leadership: A New Era of Innovation in Information Management

May 15, 2025
REC Deploys ₹6.01 Crore for 5 Mobile Medical Units to Support Women’s Healthcare in Uttarakhand

REC Deploys ₹6.01 Crore for 5 Mobile Medical Units to Support Women’s Healthcare in Uttarakhand

May 14, 2025

Recent News

Women Engineers Honored as Trailblazers and Changemakers at ASME Foundation Gala

Women Engineers Honored as Trailblazers and Changemakers at ASME Foundation Gala

May 19, 2025
Guneet Monga Kapoor leads launch of Women in Film India, fellowship announced at Cannes Film Festival 2025

Guneet Monga Kapoor leads launch of Women in Film India, fellowship announced at Cannes Film Festival 2025

May 16, 2025
AI Leadership: A New Era of Innovation in Information Management

AI Leadership: A New Era of Innovation in Information Management

May 15, 2025
REC Deploys ₹6.01 Crore for 5 Mobile Medical Units to Support Women’s Healthcare in Uttarakhand

REC Deploys ₹6.01 Crore for 5 Mobile Medical Units to Support Women’s Healthcare in Uttarakhand

May 14, 2025

Welcome to our complete News Portal about Women India org, Lifestyle, News, and Articles. Take your time and immerse yourself in this amazing experience!

Women India Network

Women India Network
Beauty N Fitness India
Women India
Beauty N Fitness Times
Modern Fashion Life Style
Load More

Women Engineers Honored as Trailblazers and Changemakers at ASME Foundation Gala

Women Engineers Honored as Trailblazers and Changemakers at ASME Foundation Gala

by Junior Editor
May 19, 2025
0

Women Engineers Honored as Trailblazers and Changemakers at ASME Foundation Gala The American Society of Mechanical Engineers (ASME) has awarded...

© 2025 All Rights Reserved. Women India org

Powered By:  Chrysoprase Multimedia & Services Pvt. Ltd.

© 2025 All Rights Reserved. Women India org

No Result
View All Result
  • Home
  • About us
  • News
    • Lifestyle
      • Home & Decor
      • Travel & Leisure
      • Fashion & Style
      • Beauty & Skincare
      • Food & Recipes
    • Health & Wellness
      • Mental Health
      • Nutrition
      • Physical Fitness
      • Women’s Health
      • Yoga & Meditation
    • Career & Business
      • Career Advice
      • Investment
      • Leadership & Mentorship
      • Work-Life Balance
      • Women Entrepreneurs
      • Inspiration & Stories
    • Inspiration & Stories
      • Women Achievers
      • Change Makers
      • Grassroots Heroines
      • Interviews & Profiles
      • Celebrity Stories
    • Culture & Society
      • Women in Indian Culture
      • Social Change
      • Festivals & Traditions
      • Regional Spotlights
      • Religion & Spirituality
    • Events & Community
      • Women-Centric Events
      • Webinars & Workshops
      • Community Voices
      • Local Groups & Forums
      • Awards & Recognitions
  • Magazine
  • Women’s Rights
  • Entrepreneurs
  • Women and Girls
  • Contact Us
  • Team

© 2025 All Rights Reserved. Women India org