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Monday, September 27, 2010

the honey with money..

budget,  balance sheets ,finance... male dominated areas. or so they say..

scene 1:

the housewife who budgets for the entire household does this meticulously. one of the most dynamic environments, is the household. so although the cash flow in typical indian families is contibuted by the male members, the managing is done by the woman herself.

scene 2:

let's take a quick tour of the banking sector in india today...

In New York and London, women remain scarce among top bankers despite decades of struggle to climb the corporate ladder. But in India’s relatively young financial industry, women not only are some of the top deal makers, they are often running the show.

HSBC, JPMorgan Chase, Royal Bank of Scotland, UBS and Fidelity International in India are run by women. So is the country’s second-biggest bank, Icici Bank, and its third-largest, Axis Bank. Women head investment banking operations at Kotak Mahindra and JPMorgan Chase and the equities division of Icici. Half of the deputy governors at the Reserve Bank of India are women.
India is without an old Wall Street staple: Women who feel they must act like the stereotypical male banker to advance. There are no swaggering “masters of the universe” in this group. Top female managers regularly wear saris and talk openly about their children and husbands.
These women handle many of India’s biggest deals — raising $9.7 billion for the power company NTPC or negotiating Vodafone Group’s purchase of an $11.1 billion stake in Hutchison Essar.
Almost all of them are in their 40s and 50s, are from wealthy backgrounds, went to excellent schools in India and abroad, and graduated at the top of their classes before excelling at the bank they joined. So they often enjoy the same status as the men who were their competition and their banking clients.

so let's raise a toast to these women and to all the women at home who make the world spin by their power over money..

1 comment:

  1. today it is all about vasudheva kutumbakam - the world is one family...)))

    ReplyDelete