Designing financial services for women makes good business sense. Women have lower defaults, tend to save more and make timely repayments compared to men.
Seema Prem submitted an opinion article to Business Standard that outlines the unique struggles that women face in their journey to financial inclusion.
Women at 13 percentage points less likely to use their accounts for digital payments. And while women tend to save more money than men, only 28 percent use savings accounts.