Under which initiative has India Infoline Finance Limited (IIFL) Finance rebranded seven branches into all-women staffed centers?

  1. Shakti Branches
  2. Inclusive Banking for Women
  3. Nari Shakti Finance Initiative
  4. Women’s Financial Empowerment Program

Answer (Detailed Solution Below)

Option 1 : Shakti Branches

Detailed Solution

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The correct answer is Shakti Branches.

In News

  • On Women's Day 2025, IIFL Finance rebranded seven branches as 'Shakti' branches.
  • These branches, located in Delhi NCR and Mumbai, are staffed entirely by women.
  • The initiative aims to empower female professionals and promote diversity, equity, and inclusion (DEI).

Key Points

  • Shakti branches provide employment opportunities for women in financial services.
  • They offer financial literacy programs tailored for female entrepreneurs.
  • Beyond banking, these branches support women with skill development programs.
  • IIFL Finance focuses on financial inclusion, catering to underserved communities.

Additional Information

  • Women’s Financial Empowerment Program
    • A general term for women's financial initiatives but not the specific name of this program.
  • Inclusive Banking for Women
    • Encourages financial inclusion for women but is not the name of IIFL's initiative.

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