Question
Download Solution PDFUnder which initiative has India Infoline Finance Limited (IIFL) Finance rebranded seven branches into all-women staffed centers?
Answer (Detailed Solution Below)
Option 1 : Shakti Branches
Detailed Solution
Download Solution PDFThe 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.