In 2021, about 78 percent of Indians above 15 years owned an account at a bank. This was a significant change from only 44 percent in 2011. This growth suggests a move towards financial inclusion of marginalized groups within the country - from women, to the out-of-labor force, less educated and the poor.
Gender-wise distribution of bank accounts in India from 2011 to 2021
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Indian council for research on International Economic Relations. (March 3, 2023). Gender-wise distribution of bank accounts in India from 2011 to 2021 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/942795/india-financial-institution-account-ownership-rate/
Indian council for research on International Economic Relations. "Gender-wise distribution of bank accounts in India from 2011 to 2021." Chart. March 3, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/942795/india-financial-institution-account-ownership-rate/
Indian council for research on International Economic Relations. (2023). Gender-wise distribution of bank accounts in India from 2011 to 2021. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/942795/india-financial-institution-account-ownership-rate/
Indian council for research on International Economic Relations. "Gender-wise Distribution of Bank Accounts in India from 2011 to 2021." Statista, Statista Inc., 3 Mar 2023, https://www.statista.com/statistics/942795/india-financial-institution-account-ownership-rate/
Indian council for research on International Economic Relations, Gender-wise distribution of bank accounts in India from 2011 to 2021 Statista, https://www.statista.com/statistics/942795/india-financial-institution-account-ownership-rate/ (last visited November 21, 2024)
Gender-wise distribution of bank accounts in India from 2011 to 2021 [Graph], Indian council for research on International Economic Relations, March 3, 2023. [Online]. Available: https://www.statista.com/statistics/942795/india-financial-institution-account-ownership-rate/