Approximately 40 percent of women in India utilize the Aadhaar Enabled Payment System (AePS) for biometric authentication when withdrawing cash.
Additionally, a report by PayNearby, a financial technology firm, reveals that over 60 percent of women in the nation have ambitions to become entrepreneurs in the financial and digital services sectors.
The interest in savings accounts among women increased by 58 percent, driven by their desire for structured financial products. This trend encompasses goal-oriented savings accounts and adaptable deposit options.
A survey was carried out involving 10,000 agents nationwide, capturing the financial transactions of female consumers.
