“The government is also on look-out for locations to set up the branches in Kolkata, Guwahati, Chennai, Bangalore, Jaipur, Lucknow, Mysore and Indore. The proposed bank to be headquartered in Delhi is likely to be operational by November this year. The Reserve Bank of India gave its in-principal approval for the Bharatiya Mahila Bank in June.”
The key objectives of the bank is to focus on the financial needs of women and promote economic empowerment.
Indias first all-women bank
At this season’s annual party conferences, the race has been on to court the all-important female vote. Labour’s promise of an extension of free childcare is a challenge to the coalition, but only if it can deliver.
Over the past five years of the economic downturn, women have been on the front line of the struggle to stay financially afloat. They have borne the brunt of public sector job cuts and pay freezes. Too many have seen their employment rights eroded, and yet they are still the ones, in the majority of households, who have to balance the household budget in the face of falling wages, rising costs and reduced support from government.
Women and children first 
Saudi Arabia tops the list of countries for laws that limit women’s economic potential, while South Asia, the Middle East and North Africa have made the least progress over the last 50 years in improving women’s economic opportunities, a report issued on Tuesday says.
Take a look at the Worldbank Report !
and check your country.
ROME (20 September 2013) – The United Nations Special Rapporteur on trafficking in persons, especially women and children, Joy Ngozi Ezeilo, today called on the Government of Italy to further boost and coordinate its national anti-trafficking response.
“Italy needs to rekindle its fight to end human trafficking, especially the unabated exploitation of the prostitution of foreign women and girls,” Ms. Ezeilo said* at the end of her official visit to Italy, from 12 to 20 September 2013, during which she examined the situation of trafficked individuals and assessed the impact of anti-trafficking measures in the country.
As a matter of fact, none of the 28 EU member states is complying with the EU directive 2011/36/EU on preventing and combating trafficking in human beings and protecting its victims. No major change from EU Commissioner’s Malmström shocking statement from April 15 2013 can be recognized.
The reality is that the 28 EU member states do not comply with the basic EU laws and regulations against Organized Crime as for example the EU money laundering directive and the EU directive against human trafficking and forced labour.
In June 2013 the Joseph Rowntree Foundation (JRF) published a report concluding that governments across Europe were in a state of confusion and denial over the extent of forced labour within their own borders, contributing to hundreds of thousands of people remaining trapped in exploited, unpaid and dangerous working conditions.
According to the UN International Labor Organization (ILO) 21 million people are now victims of forced labour worldwide. There are about 880,000 people in forced labour conditions across Europe. 70% of the 880,000 people identified as being in forced labour conditions are in forms of labour exploitation, with a further 270,000 people estimated to be victims of sexual exploitation…
UNHR Trafficking Italy
Participation of Indian women in making financial decisions is still low, there are small but steady steps they are taking.
Financial planners concur that women investors bring to the table a stable and long-term approach towards investing. If you are a single, working woman and understand the benefits of investing, start now. They tend to take a holistic approach and put things like children’s education ahead of their own goals.
So, if you are married, working or not, take some interest in family investments; you may be surprised at the stable dimension you can lend to your family’s financial plan.
Why women should take financial decisions
Ladies trusted no one — not even a bank — to keep their life-savings secure. Producing cash for deposit from a coin purse tucked into a stocking, or another undergarment posed a delicate problem for ladies standing opposite a male teller at the bank counter. Celebrating womens financial muscle
now worse than 2008 with emerging markets most vulnerable.
The only major global financial body to correctly warn that the global financial crisis was coming in 2008, the Swiss-based Bank of International Settlements is again sounding alarm bells as the Federal Reserve prepares to wind down its QE3 money printing program this week.
More and original report:
BIS_Quarterly Report September 2013 Full Report
The Spaniard Jaime Caruana is the Chief of the secretive Bank for International Settlements (BIS).
The 2013 Top Women in Finance honorees carry the titles of owner, CEO, CFO, president, partner, senior vice president and manager. While many honorees represent the banking and finance professions, others work in private business, real estate, law, accounting and nonprofit organizations. By Finance and Commerce Staff
50 Top Women in Finance honorees
When it comes to the gender of those in professional roles, people say they would feel most comfortable with female financial planners (this is second only to their preference for female doctors). So why are there still so few females in financial advisory roles?
What Holds Women Back From Financial Careers
A Financial Times survey of the fund industry (subscription required) has found that sexual harassment in finance is “rife,” with 28 percent of women saying they had experienced harassment and an additional 54 percent saying they had faced inappropriate behavior.
More powerful than the numbers were the descriptions of attitudes women in finance say must contend with. One survey respondent said that whenever her team failed to win business, she was blamed for not wearing a shorter skirt. Another said that they only way she could be taken seriously was by dressing down — wearing glasses, a cardigan and tying her hair back. “Certain asset classes are very male dominated, which results in behaviours and cultures that may alienate female colleagues,” one woman told the FT.
Why is the finance industry so sexist?