Barriers for women may finally be tumbling
While no woman has ever held a leading position on Wall Street, women in India are climbing up the corporate ladder, specifically when it comes to banking.
According to an article by The New York Times, women in India are actually running some of the nation's largest banks. Women like Chanda Kochar, who runs the Industrial Credit and Investment Corporation of India (ICICI), are closing multi-billion dollar deals everyday.
In India, companies like HSBC, Royal Bank of Scotland, UBS and Fidelity International, JPMorgan Chase, and Royal Bank of Scotland are all dominated by businesswomen. In a country like India, which is often criticized by the West for their different traditions and beliefs, progress and success for women is actually more attainable.
India's financial industry, which is younger than that of Europe and America, has succeeded in giving women the rights they deserve as corporate leaders. While in the West, women still continue to struggle in order to prove themselves to be as competent as their male counterparts when it comes to business.
The fact that these women are able to achieve such great accomplishments, while maintaining their culture and beliefs sets a great example for women, especially women living in the East.
