• Contact us
  • Advertising Policy
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms of Use
Friday, May 9, 2025
32 °c
Agartala
enewstime
  • Home
  • News
    • Northeast
    • National
    • International
    • Tripura News
  • Sports
    Premier League: Erling Haaland 'ready' for Man City return ahead of Southampton trip

    Premier League: Erling Haaland 'ready' for Man City return ahead of Southampton trip

    We salute our armed forces for shielding our nation from terrorism, says Jay Shah

    We salute our armed forces for shielding our nation from terrorism, says Jay Shah

    Xabi Alonso announces Bayer Leverkusen departure

    Xabi Alonso announces Bayer Leverkusen departure

    Alexis Mac Allister wins PL Player of the Month, Wolves' Vitor Pereira bags Manager's award

    Alexis Mac Allister wins PL Player of the Month, Wolves' Vitor Pereira bags Manager's award

    Ricky Kharkongor’s strike takes Meghalaya into Swami Vivekananda Men’s U20 NFC semis

    Ricky Kharkongor’s strike takes Meghalaya into Swami Vivekananda Men’s U20 NFC semis

    Golf: Indian-American Bhatia tied third after 63 in first round of Truist Championship

    Golf: Indian-American Bhatia tied third after 63 in first round of Truist Championship

    ‘Hardik, Manpreet and Harmanpreet have helped me a lot’: Rajinder Singh on playing with senior squad

    ‘Hardik, Manpreet and Harmanpreet have helped me a lot’: Rajinder Singh on playing with senior squad

    IPL 2025: Pant needs to tune his mindset, especially around shot selection, says Sidhu

    IPL 2025: Pant needs to tune his mindset, especially around shot selection, says Sidhu

    WBBL: Sydney Sixers appoint Matthew Mott as head coach

    WBBL: Sydney Sixers appoint Matthew Mott as head coach

  • Business
  • Entertainment
  • Health
  • Features
  • TendersNew
No Result
View All Result
  • Home
  • News
    • Northeast
    • National
    • International
    • Tripura News
  • Sports
    Premier League: Erling Haaland 'ready' for Man City return ahead of Southampton trip

    Premier League: Erling Haaland 'ready' for Man City return ahead of Southampton trip

    We salute our armed forces for shielding our nation from terrorism, says Jay Shah

    We salute our armed forces for shielding our nation from terrorism, says Jay Shah

    Xabi Alonso announces Bayer Leverkusen departure

    Xabi Alonso announces Bayer Leverkusen departure

    Alexis Mac Allister wins PL Player of the Month, Wolves' Vitor Pereira bags Manager's award

    Alexis Mac Allister wins PL Player of the Month, Wolves' Vitor Pereira bags Manager's award

    Ricky Kharkongor’s strike takes Meghalaya into Swami Vivekananda Men’s U20 NFC semis

    Ricky Kharkongor’s strike takes Meghalaya into Swami Vivekananda Men’s U20 NFC semis

    Golf: Indian-American Bhatia tied third after 63 in first round of Truist Championship

    Golf: Indian-American Bhatia tied third after 63 in first round of Truist Championship

    ‘Hardik, Manpreet and Harmanpreet have helped me a lot’: Rajinder Singh on playing with senior squad

    ‘Hardik, Manpreet and Harmanpreet have helped me a lot’: Rajinder Singh on playing with senior squad

    IPL 2025: Pant needs to tune his mindset, especially around shot selection, says Sidhu

    IPL 2025: Pant needs to tune his mindset, especially around shot selection, says Sidhu

    WBBL: Sydney Sixers appoint Matthew Mott as head coach

    WBBL: Sydney Sixers appoint Matthew Mott as head coach

  • Business
  • Entertainment
  • Health
  • Features
  • TendersNew
No Result
View All Result
enewstime
  • Home
  • News
  • Sports
  • Business
  • Entertainment
  • Health
  • Features
  • Tenders
Home National

Women’s share in digital transactions doubled from 14 pc to 28 pc in last 7 years

IANS by IANS
March 31, 2025
in National
Women’s share in digital transactions doubled from 14 pc to 28 pc in last 7 years
35
VIEWS
Share on FacebookShare on Twitter

New Delhi, March 31 (IANS) The digital payment landscape in India has witnessed a significant transformation, with women rapidly closing the gap with their male counterparts in recent years, according to a Crisil report.

ADVERTISEMENT

Between financial years 2014 and 2021, the percentage of women making or receiving digital payments has doubled from 14 per cent to 28 per cent, outpacing corresponding growth in men from 30 per cent to 41 per cent, the report states.

The report also highlights that the growth of digital payments among women is not limited to urban areas as rural women have also contributed to the trend.

The addressable market for digital payments among women in India is a staggering 200 million, with women’s mobile internet adoption increasing to 37 per cent in 2023 from 30 per cent in 2022.

The report points out that the latest Financial Inclusion Index (FI Index) prepared by the Reserve Bank of India shows the extent of financial inclusion in the country at 64.2 in March 2024, up from 60.1 in March 2023. Clearly, the financial inclusion initiatives afoot are showing results.

ADVERTISEMENT

More importantly, women are at the forefront of the paradigm shift, as demonstrated by two other significant indicators. First, of the 53.13 crore bank accounts opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY) majority (29.56 crore) are for women beneficiaries and, second, majority of women now have access to banking services, the report states.

Over the past decade or so, millions of unbanked households have moved into the financial fold and also emerged as a powerful tool for women’s empowerment.

The report further states that the remarkable growth in digital payments by women can be attributed to the increasing tech-savviness of women in India, who are embracing digital transactions with ease.

With women becoming increasingly tech-savvy, navigating the e-KYC process has become easier for them, helping them seamlessly access digital payment platforms and eventually participate in the formal financial sector, the report observes.

The increased digital connectivity has the potential to drive women towards mutual fund investing, as they become more comfortable with online transactions and seek to diversify their investment portfolios, according to the report.

As women gain access to the formal financial sector, they are likely to emerge as a significant demographic in the mutual fund market and become a key driver of growth. This, in turn, will empower women to take control of their financial decisions, invest in their future and contribute to the country’s growth, the report added.

–IANS

sps/rad

*Except for the headings & sub-headings, this story has not been edited by The enewstime.in and has been published from IANS feed.

Related Posts

Arms racket in Kolkata busted, four arrested
National

Arms racket in Kolkata busted, four arrested

May 9, 2025
PM Modi takes stock of 'Operation Sindoor' in huddle with Doval, 3 service chiefs, veterans
National

PM Modi takes stock of 'Operation Sindoor' in huddle with Doval, 3 service chiefs, veterans

May 9, 2025
Jharkhand woman jumps into well with three children, all kids dead; mother critical
National

Jharkhand woman jumps into well with three children, all kids dead; mother critical

May 9, 2025
India-Pakistan conflict: Nadda reviews emergency health systems preparedness
National

India-Pakistan conflict: Nadda reviews emergency health systems preparedness

May 9, 2025
Our armed forces ready to deal with any situation: J&K LG
National

Our armed forces ready to deal with any situation: J&K LG

May 9, 2025
Jai Hind Yatra: India is strong and we will face the enemy, says K'taka Cong
National

Jai Hind Yatra: India is strong and we will face the enemy, says K'taka Cong

May 9, 2025
ADVERTISEMENT
ADVERTISEMENT
D-2050 D-2050 D-2050
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

About us

Enewstime.in is run by an individual – a Journalist by profession of Tripura with the active help of several journos including senior journalists of the State. On top of that, Enewstime.in being a subscriber of IANS news agency, we have plenty of multi-choice topics to offer to our esteemed readers. Enewstime.in is a venture reach global audience from a tiny State Tripura.

Latest News

Shreya Ghoshal postpones her Mumbai concert amidst India-Pak conflict

Indian carriers cancel flights to 24 airports till May 15 as tensions flare up

Rakhine Corridor — Yunus regime sacrificing Bangladesh's sovereignty

Arms racket in Kolkata busted, four arrested

Premier League: Erling Haaland 'ready' for Man City return ahead of Southampton trip

Madhuri Dixit shows her gratitude towards our armed forces for guarding the nation

Contact us

ssss

  • Contact us
  • Advertising Policy
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms of Use

© 2025 Designed & Developed with ❤️ by Provibe Media LLP

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Northeast
    • National
    • International
    • Tripura News
  • Sports
  • Business
  • Entertainment
  • Health
  • Features
  • Tenders

© 2025 Designed & Developed with ❤️ by Provibe Media LLP