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In terms of Indian context, the concern over work-life balance is gradually becoming a common talk especially for women employees. Work life balance is a state of equilibrium in which the demand of both professional and personal life is equal. Each role having different set of demands and when such role demands overlap, multiple problems are faced. In reality life and work over-lap and interact. In designing the work life policies employer should think that the commitment of employees can make the difference between those companies which compete at the marketplace and those which cannot. A balanced life for women is one where they spread their energy and effort between key areas of importance. This research study aims to figure out the working environment of public sector banks for women employees and what is the perception of women about the initiative and policies of banks and effects of those initiatives on their lives. Chi square test is applied in this paper to check the authenticity of data given by the respondents. The research is conducted among working women in banks with special reference to SBI, Bhopal (M.P.) city head office. We suggest that Work-Life Balance is not a problem to be solved. It is an ongoing issue to be managed.