Financial Inclusion In India

Author : Asli Demirguc-Kunt,Leora Klapper,Dorothe Singer,Saniya Ansar
Publisher : World Bank Publications
Page : 148 pages
File Size : 45,9 Mb
Release : 2018-04-19
Category : Business & Economics
ISBN : 9781464812682

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The Global Findex Database 2017 by Asli Demirguc-Kunt,Leora Klapper,Dorothe Singer,Saniya Ansar Pdf

In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Inc., the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account—the unbanked—as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals. The database, the full text of the report, and the underlying country-level data for all figures—along with the questionnaire, the survey methodology, and other relevant materials—are available at www.worldbank.org/globalfindex.

Author : DR.S.V. SHINDE
Publisher : Lulu.com
Page : 176 pages
File Size : 51,8 Mb
Release : 2024-07-01
Category : Electronic
ISBN : 9781312328648

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FINANCIAL INCLUSION IN INDIA by DR.S.V. SHINDE Pdf

Author : N. Mani
Publisher : Unknown
Page : 0 pages
File Size : 46,6 Mb
Release : 2015
Category : Banks and banking
ISBN : 8177084089

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Financial Inclusion in India by N. Mani Pdf

In India, while one segment of the population has access to an assortment of banking services and financial counseling, the other segment of underprivileged and lower income group is totally deprived of even basic financial services. Exclusion of large segments of the society from financial services adversely affects the overall economic growth of a country. In order to ensure financial inclusion of the poor, particularly in rural areas, various initiatives have been taken by the government and the Reserve Bank of India (RBI). These include the nationalization of commercial banks, the establishment and expansion of rural credit co-operatives, regional rural banks, urban co-operative banks, micro finance and self-help groups, mutual funds, and pension funds. There are several challenges that require concerted efforts from banks, the RBI, and India's government to ensure a convenient and cost-effective delivery of financial services to the public at large. In particular, the challenge is to introduce innovations in risk assessment, reduce transaction costs, devise new credit delivery channels, and use information technology to make financial inclusion a viable model. This book examines the various policies and programs that were implemented in order to make financial services more accessible to the country's underprivileged income groups, resulting in millions of bank accounts being opened. [Subject: India Studies, Economics, Poverty Studies, Development Studies]

Author : Mr.Yan Carriere-Swallow,Mr.Vikram Haksar,Manasa Patnam
Publisher : International Monetary Fund
Page : 27 pages
File Size : 41,5 Mb
Release : 2021-02-26
Category : Business & Economics
ISBN : 9781513570686

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India’s Approach to Open Banking: Some Implications for Financial Inclusion by Mr.Yan Carriere-Swallow,Mr.Vikram Haksar,Manasa Patnam Pdf

We examine how the development of the digital infrastructure known as the “India Stack”—including an interoperable payments system, a universal digital ID, and other features—is delivering on the government’s objective to expand the provision of financial services. While each individual component of the India Stack is important, we argue that its key overarching feature is a foundational approach of providing extensive public infrastructures and standards that generates important synergies across the layers of the Stack. Until recently, a large share of India’s population lacked access to formal banking services and was largely reliant on cash for financial transactions. The expansion of mobile-based financial services that enable simple and convenient ways to save and conduct financial transactions has provided a novel alternative for expanding the financial net. The Stack’s improved digital infrastructures have already allowed for a rapid increase in the use of digital payments and the entry of a range of competitors including fintech and bigtech firms.

Author : Jain, Dhiraj,Sharma, Adya
Publisher : IGI Global
Page : 311 pages
File Size : 41,5 Mb
Release : 2018-06-01
Category : Business & Economics
ISBN : 9781522540366

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Marketing Techniques for Financial Inclusion and Development by Jain, Dhiraj,Sharma, Adya Pdf

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.

Author : Anonim
Publisher : Unknown
Page : 180 pages
File Size : 49,6 Mb
Release : 2016
Category : Electronic
ISBN : 938315862X

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Status of Financial Inclusion in India by Anonim Pdf

Author : Management Association, Information Resources
Publisher : IGI Global
Page : 991 pages
File Size : 44,5 Mb
Release : 2019-12-06
Category : Social Science
ISBN : 9781799812081

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Wealth Creation and Poverty Reduction: Breakthroughs in Research and Practice by Management Association, Information Resources Pdf

One of the major tools of attaining proper development all around the world is creating wealth and economic inclusion, such that all classes of people can secure their lifestyles through access to financial services from formal sectors. Expanding access to resources and increasing self-employment opportunities help reduce poverty and improve social development. Wealth Creation and Poverty Reduction: Breakthroughs in Research and Practice examines trends, challenges, issues, and strategies related to the creation of livelihood options through the redistribution of resources, foreign aid, private sector activities, and other methods. Highlighting a range of topics such as microfinance, poverty alleviation, and socio-economic development, this publication is an ideal reference source for government officials, policymakers, executives, economists, analysts, researchers, academicians, professionals, and students interested in wealth creation in areas of extreme poverty.

Author : Anonim
Publisher : Ajay Garg
Page : 136 pages
File Size : 40,9 Mb
Release : 2024-07-01
Category : Electronic
ISBN : 9788184659153

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Financial Inclusion - Viable Opportunities in India by Anonim Pdf

Author : R. K. Mishra,S. Sreenivasa Murthy,J. Kiranmai
Publisher : Unknown
Page : 334 pages
File Size : 40,8 Mb
Release : 2018
Category : Banks and banking
ISBN : 9332704198

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Financial Inclusion in India by R. K. Mishra,S. Sreenivasa Murthy,J. Kiranmai Pdf

Author : Tripti Tripathi,Manoj Kumar Dash,Gaurav Agrawal
Publisher : Business Science Reference
Page : 0 pages
File Size : 47,7 Mb
Release : 2019
Category : Business & Economics
ISBN : 1522574018

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Behavioral Finance and Decision-making Models by Tripti Tripathi,Manoj Kumar Dash,Gaurav Agrawal Pdf

Behavioral finance challenges the traditional assumption that individuals are rational by focusing on the cognitive and emotional aspects of finance, which draws on psychology, sociology, and biology to investigate true financial behavior. The financial sector requires sound understanding of market dynamics and strategic issues to meet future challenges in the field. Behavioral Finance and Decision-Making Models seeks to examine behavioral biases and their impact on investment decisions in order to develop better future plans and strategies in the financial sector. While highlighting topics including behavioral approach, financial regulation, and globalized sector, this book is intended for policymakers, technology developers, managers, government officials, academicians, researchers, and advanced-level students.

Author : Lalitagauri Kulkarni,Vasant Chintaman Joshi
Publisher : Springer Nature
Page : 195 pages
File Size : 52,5 Mb
Release : 2021-06-01
Category : Business & Economics
ISBN : 9789813367975

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Inclusive Banking In India by Lalitagauri Kulkarni,Vasant Chintaman Joshi Pdf

This book addresses the gaps in the present institutional structure of inclusive finance framework in India. It provides a comprehensive review of the role of banks in financial inclusion policy and micro-finance landscape in India at present. It identifies the key issues within the banking system which prove to be obstacles in the way of achieving financial inclusion and sustainable growth. The book conceptualizes inclusive banking, delves into the theoretical foundations thereof and suggests an institutional framework to avoid overlapping of their functions in order to ensure profitability. It reviews the existing market structure and competition in the inclusive finance arena while considering the role of banks, micro-finance institutions and SHGs in financing the poor. The book proposes a distinct change to the existing business model, examines the bank business model for inclusion and how the banks can and should treat the micro lending clientele as their core client base to counter the issues of profitability and competition in today’s banking sector. It also discusses some of the latest initiatives in inclusive finance and the importance of entrepreneurship development experiments in India and their efficacy in comparison with the micro-lending model.

Author : K. G. Karmakar,G. D. Banerjee,N. P. Mohapatra
Publisher : SAGE Publications Pvt. Limited
Page : 0 pages
File Size : 51,5 Mb
Release : 2011-09-08
Category : Business & Economics
ISBN : 8132105842

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Towards Financial Inclusion in India by K. G. Karmakar,G. D. Banerjee,N. P. Mohapatra Pdf

Towards Financial Inclusion in India provides an in-depth analysis of the various pillars of financial inclusion such as micro-remittance, micro-savings, micro-credit, and micro-insurance. The book stresses on financial literacy and counseling, which are core to the achievement of financial inclusion. The authors dwell upon the difficulties faced by vulnerable groups like women, tribals, weavers, and rural populace while trying to access financial services. The book also analyzes inclusion measures like ICT interventions, post office model, and payment mechanisms. Striking a balance between pragmatic policy-making and a genuine social security mechanism, the book emphasizes that financial services should be cost-effective and easily affordable to the vast majority of disadvantaged and low-income groups.

Author : Sudarshan Maity,Tarak Nath Sahu
Publisher : Springer Nature
Page : 238 pages
File Size : 44,6 Mb
Release : 2022-04-22
Category : Business & Economics
ISBN : 9789811660856

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Financial Inclusion and the Role of Banking System by Sudarshan Maity,Tarak Nath Sahu Pdf

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.

Author : Pooja Lakhanpal,Jaydeep Mukherjee,Biswajit Nag,Divya Tuteja
Publisher : Springer Nature
Page : 396 pages
File Size : 40,5 Mb
Release : 2021-05-10
Category : Business & Economics
ISBN : 9789813369733

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Trade, Investment and Economic Growth by Pooja Lakhanpal,Jaydeep Mukherjee,Biswajit Nag,Divya Tuteja Pdf

The book contributes to the growing literature pertaining to empirical and policy issues in international trade, foreign capital flows and issues in finance, implications for India and emerging economies related to trade and development interface, and analysis of sector level growth and development in India. Further, the focus is on the policy aspects of these themes and their role in fostering economic development in the context of India and other emerging market economies. The discourse focuses mainly on empirical work and econometric details. The relevant issues are investigated using state of the art techniques such as gravity models, panel co-integration, generalized hyperbolic distributions, SEM, FMOLS and Probit models. In addition, detailed literature survey, discussions on data availability, issues related to statistical estimation techniques and a theoretical background, ensure that each chapter significantly contributes to the ever-growing literature on international trade and capital flows. The readers shall find an engaging dialogue on the crucial role played by policy and the trade-capital flows-growth experience of emerging economies. The book is relevant for those who are interested in contemporary issues in trade, growth and finance as well as for students of advanced econometrics who may benefit from the analytical and econometric exposition. The empirical evidences provided here could serve as ready reference for academicians, researchers and policy makers, particularly in emerging economies facing similar challenges.

Author : Garg, Vikas,Goel, Richa
Publisher : IGI Global
Page : 351 pages
File Size : 51,9 Mb
Release : 2021-11-19
Category : Business & Economics
ISBN : 9781799884996

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Handbook of Research on Innovative Management Using AI in Industry 5.0 by Garg, Vikas,Goel, Richa Pdf

There is no industry left where artificial intelligence is not used in some capacity. The application of this technology has already stretched across a multitude of domains including law and policy; it will soon permeate areas beyond anyone’s imagination. Technology giants such as Google, Apple, and Facebook are already investing their money, effort, and time toward integrating artificial intelligence. As this technology continues to develop and expand, it is critical for everyone to understand the various applications of artificial intelligence and its full potential. The Handbook of Research on Innovative Management Using AI in Industry 5.0 uncovers new and innovative features of artificial intelligence and how it can help in raising economic efficiency at both micro and macro levels and provides a deeper understanding of the relevant aspects of artificial intelligence impacting efficacy for better output. Covering topics such as consumer behavior, information technology, and personalized banking, it is an ideal resource for researchers, academicians, policymakers, business professionals, companies, and students.