Opinion: How India should close the financial gender gap
As the world nears the long-held goal of universal financial access, we can see the road ahead for eliminating the gender gap in basic access and increasing usage among all customers
The World Bank’s latest Global Findex data proves that India has made rapid strides in improving access to formal financial services. In 2014, just 53% of adults had a formal account. Today, more than 80% do. At the same time, it has cut its gender gap in financial access from 20 percentage points to six.