The two decades of post reform period in India witnessed transformation of the economy in to a higher growth plane signaling the arrival of the country in the global stage. But this robust growth failed to translate the economic well being of the large number of marginalized and excluded...

Financial inclusion may be defined as the process of ensuring timely and adequate access to financial services and credit delivery for low income groups at an affordable cost. The basic aim of Financial Inclusion is to ensure the ease of access, availability and usage of the formal financial...

In crisis times, depositors get anxious, can run on banks, and withdraw their deposits. Correlated withdrawals of bank deposits could be mitigated if bank deposits are more diversified, i.e. held by more individuals. This paper examines the link between a broader access to bank deposits prior to...

With the help of modern information communication technology, m-banking as a new type of banking services carrier can provide efficient and effective financial services for unbanked and rural peoples in India. Increased cellular service users in rural Indian provide wide opportunity to expand...

Empowerment of the poor entails three basic inter-linked dimensions – generation of employment (and income), reduction of poverty, and erasing inequality. The perspective has now undergone a basic change from the collective care mechanism of a paternalistic state intervention meted out from...

Enhancing financial inclusion or access to finance can make critical contributions to the economic development. Conventional mechanisms such as micro-finance, small-medium-enterprises (SME), and micro-insurance to enhance financial inclusion have been partially successful in enhancing the access...

Financial Inclusion for inclusive growth is a topic of contemporary significance and relevance. This study besides establishing the growth enhancing role of bank-based financial intermediation through empirical evidence has also found that access to finance by the poor is a prerequisite for...

As financial inclusion gains popularity in developed and developing economies, there is a need for a single index, (simple in computation with little or no assumptions) that pools together the financial inclusion indicators adopted by the IMF financial access survey. The various variants of...

The government of India had initiated bank payments of wages under Mahatma Gandhi National Rural Employment Guarantee Programme (MGNREGP). This initiative is undoubtedly a big financial inclusion drive particularly among the rural poor of India. This paper has tried to evaluate this financial...

This research is to assess the issues of financial inclusion of youth entrepreneurs in the creative industry, in particular the clothing industry, in DI Yogyakarta province. The research found that most entrepreneurs have access to credit from commercial banks, and indicate that there is...