Friday, January 03, 2014

Where India's financial sector is truly world class

India's financial sector is truly world class on one dimension- gender equality. Female-led lending institutions control 40% of assets, a figure not matched, perhaps, by any other economy's financial sector, says a report in FT. Some of the institutions that have female heads: SBI, Axis Bank, ICICI, JP Morgan, HSBC, Morgan Stanley and NSE. At one point, two out of the four deputy governors at RBI were women. Whew!

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