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Women own 39.2 pc of all bank accounts in India; higher in rural areas: Government data

Male account holders have consistently outnumbered female account holders, but female participation has also shown a growing trend

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Image for representational purposes only (Photo Courtesy: iStock)

Image for representational purposes only (Photo Courtesy: iStock)

Women own 39.2 per cent of all bank accounts and contribute to 39.7 per cent of total deposits in India and their participation is highest in rural areas, where they make up 42.2 per cent of account holders, the government data showed on Sunday.

There is rise in demat account over the years, indicating growing participation in the stock market.

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