Access by the poor to financial resources on favourable terms and conditions is a necessary prerequisite for achieving any developmental goal for an economy. However, in India, about 50 percent of the population are financially excluded from the formal banking network. These households avail...

Small and marginal farmers constitute approximately 80 percent of farmer households in India, and have rather low income and minimal savings. These farmers require funds to meet their working capital needs on a regular basis and hence accessibility to subsidised formal credit is essential for...