Released on 2018Categories

Measuring Financial Inclusion of Indian States

Measuring Financial Inclusion of Indian States

Author: Susanta Kumar Sethy

Publisher:

ISBN: OCLC:1304335964

Category:

Page: 8

View: 171

This paper examines the financial inclusion of Indian states by applying the financial inclusion index (FII) using the secondary data. The present study found that no state in India belongs to high financial inclusion (0.5
Released on 2018Categories

Financial Literacy and Financial Inclusion in Rajasthan, India

Financial Literacy and Financial Inclusion in Rajasthan, India

Author: Lokesh Vijayvargy

Publisher:

ISBN: OCLC:1304327151

Category:

Page:

View: 637

The study aims to understand and assess the financial literacy, financial inclusion and awareness levels of common masses in Rajasthan, India. The study is descriptive in nature. It used a structured non-disguised questionnaire and probability cluster sampling methodology to collect data from 1,205 residents of Rajasthan. 30 clusters were selected for this purpose with a sample size ranging from 2 to 20 in each cluster. The findings reveal that most of the population in Rajasthan still trust banks more than any other financial institution and treat banks as the safest option to save their money. The study also focuses on the kind of training interventions required in Rajasthan towards financial literacy.
Released on 2013Categories

Determinants of Financial Inclusion

Determinants of Financial Inclusion

Author: Natarajan Chithra

Publisher:

ISBN: OCLC:1308983502

Category:

Page: 15

View: 828

The access to finance by the poor is a prerequisite for poverty reduction and sustainable economic development of a country. The importance of financial inclusion arises from the problem of financial exclusion of nearly 3 billion people who are away from the formal financial services across the world (Kempson Clarie, 2006). This paper attempts to measure the inter-state variations in the access to finance, using a composite Financial Inclusion Index (IFI) developed by Sarma (2008). This paper attempts to identify and analyze the determinants of financial inclusion. The analysis reveals the fact that among the socio-economic factors, Income, Literacy and Population were found to have significant association with the level of financial inclusion. Among the banking variables, deposit and credit penetration recorded significant association with financial inclusion. Finally, credit-deposit ratio and investment ratio did not have significant association with financial inclusion.
Released on 2022-04-22Categories Business & Economics

Financial Inclusion and the Role of Banking System

Financial Inclusion and the Role of Banking System

Author: Sudarshan Maity

Publisher: Springer Nature

ISBN: 9789811660856

Category: Business & Economics

Page: 226

View: 578

The book portrays the scope and dimension of different financial inclusion strategies. It looks at the role and potential of banks involved in financial inclusion. This book focuses on the importance of financial inclusion and in measuring its important determinants. It provides an empirical insight into how the different factors influence financial inclusion of a nation, providing a guideline to the banks and the regulators to select an effective structure of bank branch and efficient composition, to ensure best utilization of their devoted resources in the context of a developing economy.
Released on 2014-09-05Categories Business & Economics

Indian Economy: Empirical Analysis On Monetary And Financial Issues In India

Indian Economy: Empirical Analysis On Monetary And Financial Issues In India

Author: Hamori Shigeyuki

Publisher: World Scientific

ISBN: 9789814571920

Category: Business & Economics

Page: 176

View: 335

India's financial sector has undergone significant changes following the start of the economic liberalization in the early 1990s. In addition to providing important information on monetary and financial issues in India, this book also provides examples to analyze a developing economy by using macro-financial data. The book also focuses on three main topics, that is, monetary policy, financial markets and finance-poverty nexus, and provides new insights into these issues by applying some recently developed quantitative techniques.
Released on 2014Categories

Evaluating Acceptance of Mobile Money by Poor Citizens in India

Evaluating Acceptance of Mobile Money by Poor Citizens in India

Author: Sumedha Chauhan

Publisher:

ISBN: OCLC:1308841097

Category:

Page:

View: 454

The mobile-money (m-money) service is a major initiative that can help in providing low cost and speedy money transfer through the mobile phones, especially in the developing countries such as India. A large section of population in India does not have access to banking facilities and m-money can act as a substitute to enable financial inclusion. However, for m-money to succeed, the user base needs to accept the initiative wholeheartedly. The objective of this research is to understand the acceptance of m-money among target populations i.e. below-poverty-line citizens in India, using the technology acceptance model (TAM). The survey data was collected from 225 actual and prospective m-money users and analyzed using partial least square technique. The findings imply that the trust and the core constructs of the TAM except perceived ease of use have a significant influence on the intentions of accepting m-money. The study also provides the possible explanations for the significant relationships between the constructs and discusses how this information can be used to enhance the acceptance of m-money among poor Indians.
Released on 2016-09-29Categories Business & Economics

Financial Inclusion in Asia

Financial Inclusion in Asia

Author: Sasidaran Gopalan

Publisher: Springer

ISBN: 9781137583376

Category: Business & Economics

Page: 263

View: 578

This book brings together a set of analytical and empirical essays aimed at understanding inclusive finance in emerging markets focusing on Asia. Despite the significant policy interest in the issue of financial inclusion in the Asian market, there is a dearth of academic literature on the topic. This book fills this gap by being the first of its kind to address the relevant issues and policy concerns relating to the availability and affordability of financial services in this rapidly emerging geopolitical area. The book features a mixture of empirical and case study oriented essays, informed by data, literature and policy analysis that will be useful for both the academics and the policy makers in the region interested in the subject. Countries highlighted in the essays assessing financial inclusivity include Indonesia, Sri Lanka and India.
Released on 2011-06-24Categories Business & Economics

Inclusiveness in India

Inclusiveness in India

Author: S. Hirashima

Publisher: Springer

ISBN: 9780230304956

Category: Business & Economics

Page: 310

View: 875

This bookexamines inclusive growth in a range of social and economic areas in India, including physical infrastructure, vulnerable sections of the population and underdeveloped states. It provides a comprehensive study of disparity and deepens insight into understanding processes of economic and social development.
Released on Categories

Microfinance through Women Self-Help Groups (SHGs) for Grass-root level Empowerment: An Empirical study of Varanasi, Uttar Pradesh, India

Microfinance through Women Self-Help Groups (SHGs) for Grass-root level Empowerment: An Empirical study of Varanasi, Uttar Pradesh, India

Author: Tripti Kumari

Publisher: kassel university press GmbH

ISBN: 9783737602563

Category:

Page: 28

View: 510

Microfinance, as a concept, involves providing financial services, particularly small credit, fund transfer, and insurance to the unemployed, low-income group, and those who do not have easy access to the banking system. It has emerged as an active agent of financial inclusion, ensuring economic, and social upliftment of the unprivileged. Microfinance is being operated through two channels Self-help Group-Bank Linkage Programme (SBLP) and Micro-finance Institutions (MFIs). The special characteristic of SBLP is its direct connection with the clients at the grass-root level and working towards poverty reduction by providing financial support. The paper is based on a field study on SBLP undertaken for women in the Varanasi District of Uttar Pradesh, India. The increase in women’s participation in economic activities and decision-making reveals that SHGs have made an impact. SHGs have also helped them to create a common platform to participate, discuss, and find a solution of their problems. Women’s income and occupation structure under SHGs have also influenced the standard of living and empowerment level significantly.
Released on 2018-06-01Categories Business & Economics

Marketing Techniques for Financial Inclusion and Development

Marketing Techniques for Financial Inclusion and Development

Author: Jain, Dhiraj

Publisher: IGI Global

ISBN: 9781522540366

Category: Business & Economics

Page: 311

View: 268

Financial inclusion has been one of the most propagated ideologies in countries, and as a result, significant efforts have been taken to nurture institutions and systems to include an array of socio-economic classes. Various financial institutions and societies have taken steps toward financial inclusion, but to be successful, they need to understand how to accurately target and market their potential customers as well as the new avenues for development. Marketing Techniques for Financial Inclusion and Development is a critical scholarly resource on the marketing techniques adopted by various financial institutions and societies for promoting financial inclusion initiatives for the development of the society at large. Featuring coverage on a broad range of topics such as consumer awareness, financial literacy, and micro-enterprises, this book is geared towards managers, investors, brokers, researchers, and all others within the banking industry.
Released on 2016Categories

Determinants of Financial Inclusion of Urban Poor in India

Determinants of Financial Inclusion of Urban Poor in India

Author: Biswa N. Bhattacharyay

Publisher:

ISBN: OCLC:1305910211

Category:

Page: 31

View: 473

Financial inclusion is crucial for the inclusive and sustainable economic growth of developing countries. Access to financial services to all citizens, particularly to low income and poor people is a key to promote inclusive growth. While rural financial inclusion assumes importance from policy makers and academicians, urban financial inclusion needs urgent attention with rapidly increasing urbanization, unique requirements of urban population and increasing poor and low income population living in urban areas, particularly slum areas. The paper attempts to analyze the nature, characteristics and determinants of financial inclusion in Pune, a large city of India based on a household survey at an identified slum area. Empirical findings of the survey include the socioeconomic characteristics and banking behaviour of households Furthermore, the paper identifies the major determinants of the level of financial inclusion using a multiple regression model using socioeconomic characteristics of the households. Finally the paper suggests appropriate policies and strategies for enhancing financial inclusion in urban areas through building low cost personalized distribution network, creating asset linked and collateral free credit schemes, leveraging Aadhar (biometric identity card) platform, creating targeted product and service offering, strengthening business correspondent cells, and setting up urban financial inclusion centers.