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Financial inclusion is the availability of banking services at an affordable cost to disadvantaged and low-income groups of the nation. Financial inclusion mainly focuses on the poor who do not have formal financial institutional support and getting them out of the clutches of local money...
Persistent link: https://www.econbiz.de/10013081790
, Russia, India & China, are hardly the same in terms of use of ATMs in the process of financial inclusion. ATM systems are … instead of per relationship. Reserve Bank of India has so far moved in the right direction by taking pragmatic actions for the …
Persistent link: https://www.econbiz.de/10013069182
Financial inclusion denotes delivery of financial services at an affordable cost to the vast sections of the disadvantaged and low-income groups. People in developing countries have less options for transferring money and accessing banking services, because there is less deployed formal banking...
Persistent link: https://www.econbiz.de/10013069293
economy i.e. India is speedily progressing towards the path of Financial Inclusion. The term is in vogue now days in the … present scenario of the financial inclusion existing in India; various roles played by Government and RBI (Reserve Bank of … India), initiatives taken by various banks with special reference to SBI bank, Federal Bank, ICICI bank, IDBI bank, Canara …
Persistent link: https://www.econbiz.de/10013014625
Time to time Indian Government consistently make its efforts towards inclusion of rural customer (investors) in organised financial system. This might not only provide handsome amount of cash flow to boost Indian economy but it could also help the government to facilitate rural development...
Persistent link: https://www.econbiz.de/10013000011
In this article, we propose a framework that studies financial inclusion by channelizing existing recourses. Financial inclusion means access to easy, safe and affordable credit and other financial services to socially and economically weaker sections. Our main conclusions are that (i) use of...
Persistent link: https://www.econbiz.de/10013156130
With an active intervention of the government, the large number of the unbanked sections of the society could be included into different financial services. Over the years, the number of bank accounts has been increasing. Certain socio-economic factors, like educational level, age group and...
Persistent link: https://www.econbiz.de/10012834785
Persistent link: https://www.econbiz.de/10012835249
Finance has become prerequisite for an economy for development of the society as well as economy of nation. For, this purpose a strong financial system is required in not only in under-developed countries and developing countries but also developed countries for sustainable growth. Through...
Persistent link: https://www.econbiz.de/10012836763
This article presents several theories of financial inclusion. Financial inclusion is the ease of access to, and the availability of, basic financial services to all members of the population. Financial inclusion means that individuals and businesses have access to useful and affordable...
Persistent link: https://www.econbiz.de/10012842980