New Delhi, Aug. 26 -- India is going through a significant financial transition. Women had restricted access to savings, loans, and investment tools for many years due to their exclusion from formal financial systems. But these days, mobile technology, targeted government initiatives, and digital banking are gradually changing this narrative.

In addition to opening accounts, women are actively utilising financial products, which is changing households, businesses, and the overall economy.

Hard numbers show the shift. The Reserve Bank of India reports that the nation's Financial Inclusion Index increased from 43.4 in 2017 to 64.2 in 2024. Women are largely responsible for this advancement. Since 2014, the Pradhan Mantri Jan Dhan Yojana (...