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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
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
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