Women own 39.2 per cent of bank accounts in the country and the proportion is even higher at 42.2 per cent in rural areas, according to a government report.
The Statistics and Programme Implementation Ministry (MoSPI) released the 26th edition of its publication titled “Women and Men in India 2024: Selected Indicators and Data” on Sunday. The publication offers a comprehensive overview of the gender landscape in India, presenting selected indicators
and data across key areas like population, education, health, economic participation, and decision-making, all sourced from various Ministries/ Departments/Organisations.
A MOSPI statement said that the report highlights that women own 39.2 per cent of all bank accounts and contribute to 39.7 per cent of total deposits.
Their participation is the highest in rural areas, where they make up 42.2 per cent of account holders. It stated that there is a rise in DEMAT accounts over the years, indicating growing participation in the stock market.
From March 31, 2021, to November 30, 2024, the total number of DEMAT accounts increased from 33.26 million to 143.02 million, marking more than a fourfold rise.
