Abstract

Women's empowerment in India is increasingly supported by the banking sector's revolutionary efforts, particularly in the areas of finance and economic independence. These efforts have helped women achieve socio-economic equity in society. Despite the government and public sector banks' commendable initiatives, there are specific criteria that financial institutions seek before providing loans to women entrepreneurs. This study, from a banker's perspective, identifies 22 critical factors that impact loan approval for women. Key findings highlight the significance of factors such as family background, report feasibility, financial support, loan repayment capacity, and willingness to take risks. These insights can inform policy development in India and other developing nations, fostering women's entrepreneurship, economic progress, and empowerment.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.