The purpose of the paper is to investigate whether women directors impact the risk and return of Indian banks. This study employs panel data models for a sample of 29 Indian banks that form part of the National Stock Exchange 500 index for the period 2009–2016. This paper concludes that women directors influence the accounting returns (measured through Return on Assets) of Indian banks. However, it was found that women directors did not affect the risks (measured through Equity Beta and gross NPA to Total Assets) of the sample banks. This paper contributes to the literature and practitioners in several ways. To the best of the knowledge of the authors, no study has examined the impact of women directors on the risk and return of banks operating in India. Hence, the findings of this article have substantial implications both to academia and practitioners.

本文的目的是调查女董事是否会影响印度银行的风险和回报。本研究采用面板数据模型，对29家印度银行进行了抽样，这些银行构成了2009年至2016年国家证券交易所500强指数的一部分。本文得出的结论是，女董事会影响印度银行的会计收益（通过资产收益率衡量）。但是，发现女性董事并没有影响样本银行的风险（通过权益贝塔和总资产净值测得的总资产）。本文以多种方式为文学和从业者做出贡献。据作者所知，没有研究调查过女董事对在印度经营的银行的风险和回报的影响。因此，