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Education is important to people of all ages and it has no limit. Children require education in order for them to learn how to speak and to write. Both on personal and national levels, education has been shown to increase economic growth and stability. One of the most important benefits of...
Persistent link: https://www.econbiz.de/10014357671
Financial inclusion is one of the means for overall economic development of a country. The growth of the retail banking industry fosters financial inclusion by providing financial products and services to people in the rural areas of the country. The nationalization of prominent commercial banks...
Persistent link: https://www.econbiz.de/10014357727
The banking system occupies an important place in a nation’s economy. A banking institution is indispensable in a modern society. It plays a pivotal role in the economic development of a country and forms the core of the money market in an advance country. With the effects of the...
Persistent link: https://www.econbiz.de/10014351073
Indian government and RBI are trying for so many years to bring all the people in the ambit of banking. To achieve this objective, Prime Minister Narendra Modi announced “Pradhan Mantri Jan Dhan Yojana” on the eve of 68th Independence Day to reduce financial untouchability by including...
Persistent link: https://www.econbiz.de/10014351090
Industrialization approximately the globe has triggered the detection of ever-increasing needs and demands of the population and it has become symbolic of prosperity and development of an economy. On the other hand, it has resulted in the exploitation of the natural environment, which in turn...
Persistent link: https://www.econbiz.de/10014351093
Banking sector in India is one of the prevailing and well-organized mechanisms of the financial system. Indian banking sector consists of old age tradition, which enable to update modern technology. Structure of the banking system is also well defined and systematically channelized. When banks...
Persistent link: https://www.econbiz.de/10014351096
Financial inclusion is delivery of financial services, at an affordable cost, to the vast sections of disadvantaged/low-income groups who tend to be excluded from the formal financial system. Notwithstanding the widespread expansion of the banking sector during the last three decades, a sizeable...
Persistent link: https://www.econbiz.de/10014351104