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collateral and creditors are reluctant to invest in them. Yet in India, microfinance is being used to reduce poverty, empower … women, and boost development. In Microfinance and Development in Emerging Economies, Nishi Malhotra argues that the … financial services provided to low-income groups or individuals through microfinance and group lending outside the traditional …
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This paper provides an analysis of financial development and inclusion in developing Asia using data from a wide array of sources. We show that in terms of aggregate measures of financial development, the region as a whole has superior banking sector depth compared to other developing regions;...
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development in the developing countries like India. Financial inclusion is a process of ensuring access to suitable financial … section of Indian population still remains unbanked. In India out of 19.9 Crore households, only 6.82 crore households, have … access to banking services. As far as rural areas are concerned, out of 13.8 crore households in India, only 4.86 crore …
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