Literature Review on Women Investment Behaviour

Abstract

The level of financial education is lower among Indian women is one of the greatest concerns for India since independence. Although Indian economy has made extensive progress in financial growth over the years. Savings and investments by individuals are as vital for financial well-being and for growth of a robust economy. People with good savings effectively handle economic crisis viz. loss of income and rely less on credit to make up for unpredicted expenses. Financial education is related to financial awareness and understanding of various financial instruments, concepts, and procedures. Appropriate procedure of this understanding to solve financial problems and issues is also considered as financial awareness. Many countries have executed financial literacy surveys among women investors, those survey provide a point of view into saving and investment-related education as well as financial behaviour. This paper is intended to review the past research related to assess the level of financial knowledge and awareness among women investors as well as to know the kind of relationship in between financial knowledge and other demographic and social factors which affect saving and investment behaviour. Herewith, do financial education courses or programs positively impact saving and investment behaviour or not.