Intimidated woman was indebted to banks (8)
I believe the answer is:
overawed
'intimidated' is the definition.
(I've seen this before)
'woman was indebted to banks' is the wordplay.
'woman' becomes 'vera' (a woman's name).
'was indebted' becomes 'owed' (I've seen this before).
'to banks' means one lot of letters goes inside another (bank can mean to surround or border).
'vera' going into 'owed' is 'OVERAWED'.
(Other definitions for overawed that I've seen before include "Intimidated" , "Overcome with wonder" , "Filled with wonder" , "Overwhelmed by a feeling of wonder" , "Scared?" .)