Research papers on financial inclusion in india


research papers on financial inclusion in india

the rural area and unorganized sector studied that were ten villages. The banks do not have a risk in such lending as the borrowers reputation and peer pressure in the group would reduce the risk of bad loans considerably. Credit Counseling centers and literacy centre are the initiatives for the same. The Icfai University Press, Tripura, India. The major factors that were hampering the banking system to extend credit was lack of awareness of government initiatives, distance from the bank, and long term relationship with money lenders. Purvi, Medha 10 discussed about the importance of good quality financial services for rural areas as their funding will lead to economic growth.

Research papers on financial inclusion in india
research papers on financial inclusion in india

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Chandigarh, India, tel:, e-mail: email protected, received Date: May 07, 2014, accepted Date: August 17, 2015. Southern Economist 48: 47-50. Arabian Journal of Business and Management Review. The uniqueness of having a bank account is that it not only provides basic banking facility but also finance for investment/production purposes which opens opportunities for enhanced employment. Sendhilvelan M, Karthikeyan K (2006) No Frills Account: A basic drive for financial inclusion. Defining Technology, Financial Inclusion and Security Market Recent developments show that technology plays an important role in improving financial inclusion because of the following reasons:.

Research papers on financial inclusion in india
research papers on financial inclusion in india


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