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Financial inclusion is one of the innovative approach to reach the financial services and reach the benefits to the unreached and uncovered people in the country. Pradhan Mantri Jan Dhan Yojana (henceforth PMJDY) provides bank account to the people without maintaining minimum balance which helps...
Persistent link: https://www.econbiz.de/10014355275
Financial Inclusion is one of the effective and innovative approach which helps to reach the financial services, assistance and subsidies to the real beneficiaries. Government of India introduced the Scheme on financial inclusion to provide financial services to the unreached people at an...
Persistent link: https://www.econbiz.de/10014355276
Financial inclusion is one of the emerging aspects in the socio – economic development of the country. Pradhan Mantri Jan Dhan Yojana scheme is national priority of every Indian citizen can easily open bank account. This scheme mostly helpful all the income people can easily opened and...
Persistent link: https://www.econbiz.de/10014351091
Every man needs certain amount of money to meet their requirements and in some cases; men need money to meet his basic needs life food, shelter, cloth etc. This is the basic concept of the human begins to earn up to the maximum level and save up to sufficient level. In this regards banking...
Persistent link: https://www.econbiz.de/10014351101
Inclusive growth is possible only through proper mechanism which channelizes all the resources from top to bottom. Financial inclusion is an innovative concept which makes alternative techniques to promote the banking habits of the rural people because, India is considered as largest rural...
Persistent link: https://www.econbiz.de/10014351102
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
Financial inclusion is low banking penetration can be attributed mainly to low income, unemployment and under employment, low level of awareness, low level of financial literacy, and lack of access to banking facilities in remote areas. Those who have banking habit lack familiarity with vastly...
Persistent link: https://www.econbiz.de/10014351114