Rebirth of India: Superior

Since the barriers between men and women in India are not as perverted as those in the Middle East, unlike women's banks in the Middle East, one-third of the employees in women's banks in India are men, while the other two-thirds are all women. Men can also go to women's banks to handle business, but they can only deposit money and cannot take out loans. Loans are a privilege for women.

The headquarters of the All India Women's Bank is located in the capital New Delhi. The first batch of seven banks were opened in major cities such as Mumbai, Kolkata, and Chennai. The opening time was chosen on November 19, 2004, because this day was the birthday of Indira Gandhi, who served as Prime Minister of India twice and was known as the Iron Lady of India. On the opening day, Congress Party Chairman Sonia Gandhi and Finance Minister Chidambaram attended the unveiling ceremony. It can be seen that whether it is this special unveiling day or the leaders present, it reflects the Indian government's attention to the establishment of the first women's bank in the country.

In fact, these seven women's banks have been operating very well since they were opened. It was originally thought that the first three years were just for cultivating customers without considering profits, but the actual effect was very good, so the second batch of women's banks will also be opened soon. This time, it is definitely impossible to invite heavyweight guests such as Sonia and Chidambaram, so Priyanka, who is already a well-known woman and has just attracted attention on TV, has become the most suitable guest.

Priyanka naturally would not refuse such a social event, and even invited Shakru to go with her, but Shakru felt a little awkward, so he said: "It's not appropriate for a grown man like me to go to the opening of this women's bank."

Priyanka frowned and said unhappily: "Why? Mr. Pandit, do you also discriminate against women?"

Shakru waved his hands and said: "Absolutely not, I have always insisted on gender equality, and the ratio of men and women among my senior staff is about the same." Shakru was telling the truth, because after all, he came from China, where men and women are basically equal, and the prevalence of feminism in China now is really not comparable to that of ordinary countries, let alone India.

In fact, in Shakru's view, although one of the purposes of opening a women's bank is to improve the status of women, in fact, the women's bank itself means that the status of men and women in this country is unequal. Otherwise, why set up this thing? Why can't women enter where men can enter?

"Since you also support gender equality, why don't you go with me?" Priyanka asked.

Shakru said helplessly: "Okay, I can go with you, but at least I have to receive an invitation letter, right? I can't take the initiative to ask to go, right?"

Priyanka nodded with satisfaction and said: "Don't worry about this. I believe they are eager for a business tycoon like Mr. Pandit."

As it turned out, Priyanka's guess was right. When the manager of the women's bank learned that Mr. Shakru Pandit, a famous drug dealer and film tycoon in New Delhi, was also interested in attending the opening ceremony, he was immediately overjoyed and immediately sent someone to Shakru's office to give him an invitation letter respectfully.

So on the 19th of the month, although it was not possible to open on November 19, Indira's birthday, at least on the 19th, for a good start, Shakru followed Priyanka to attend the unveiling ceremony of the Yamuna branch of the All India Women's Bank. Yamuna is the name of a river east of New Delhi.

After some understanding, Shakru found that the reason why this women's bank has such a good development momentum is that it has its own unique operation.

First of all, the threshold for opening an account here is extremely low. You can open an account with only 100 rupees, which is about 16 US dollars. Other banks of the same size often require each depositor to have a minimum of 10,000 rupees. From this perspective, all banks in China can open an account with one yuan, which is very fortunate.

Then there is the pension insurance business. Many low-income people only have pension insurance income of 100 rupees per month. Other banks are unwilling to do such trivial and complicated business because the income is low and it is very troublesome. Therefore, the Women's Bank took advantage of the care and patience unique to women and took over this business. While solving the pension insurance of low-income people, it also gained a lot of deposits.

Even the "Women's Bank" also plays the role of an educational institution. The staff here not only provide financial services to illiterate or marginalized women, but also help them open accounts and teach them how to deposit money. At present, the bank also plans to provide small-scale entrepreneurship services to more than 5,000 women and give them financial support.

This support is mainly reflected in loans. "Empowering women is our vision. We firmly believe that these supports and guidance will help women gain economically. We provide extremely low-interest loans to women who intend to start a business. Since the launch of this service, thousands of women have benefited from it." Branch manager Balaha said. "Compared with other banks, our interest rates are lower." She added.

Some depositors have come forward to speak out about this. 42-year-old Teresa Naniog is deeply impressed by the efficiency of the bank. She has applied for loans from the bank twice, and each time she got the cash quickly without any trouble. Now, Naniog runs a small livestock and poultry farm, earning 150,000 rupees (about 241 US dollars) a year. Her husband runs a small tire shop, and Naniog can even support him financially.

This loyal customer of the "Women's Bank" said: "I never knew about loans before, and I didn't know that financial business was so easy. My life has completely changed after I came into contact with this bank. Today I know how to save, how to deal with banks, and how to use bank loans." She even plans to borrow a larger amount after paying off the existing loan to expand the farm business.

Originally, Shakru thought this was just an ordinary social activity, but he never expected that this incident would cause him considerable trouble!

: In fact, I have always believed that the banking industry is an interesting industry to write about. Last year, I also wrote a book about bank owners, but the results were very unsatisfactory. It was abandoned before 100,000 words. It may also be because of the problem of the era I chose. People prefer to read about the Republic of China holding military power and fighting against Japan to save the country. It seems that they are not very accepting of the route of saving the country through industry. To be continued.

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