Reddy K. Sriharsha (2011), “A Study on Extent of Financial Inclusion among Small Borrowers in Andhrapradesh”, International Journal of Research in Management, Science and Technology, Vol-1 Motivation/Rationale Financial inclusion is both a crucial link and a substantial first step towards achieving inclusive growth. Therefore the govt. and the Reserve Bank of India, have taken several initiatives for the promotion of financial inclusion. It has become a policy priority in many countries including
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been an increase in demand for many financial services from different financial firms. The market has responded to this soaring demand with making attractive offers and services for the customers at affordable rates. Since the LPG reforms of 1991, there have been progressive reforms in the financial sector allowing for better and easier facilities and options to the consumer. An increasing financially aware middle class have realized the importance of financial services. Banks have streamlined and
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Financial inclusion is the availability of banking services at an affordable cost to disadvantaged and low-income groups. In India the basic concept of financial inclusion is having a saving or current account with any bank. In reality it includes loans, insurance services and much more. The first-ever Index of Financial Inclusion to find out the extent of reach of banking services among 100 countries, India has been ranked 50. Only 34% of Indian individuals have access to or receive banking services
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Financial inclusion is the availability of banking services at an affordable cost to disadvantaged and low-income groups. In India the basic concept of financial inclusion is having a saving or current account with any bank. In reality it includes loans, insurance services and much more. The first-ever Index of Financial Inclusion to find out the extent of reach of banking services among 100 countries, India has been ranked 50. Only 34% of Indian individuals have access to or receive banking services
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An Outline of Escalation of Financial Inclusion in India Dr.Vani .N. Laturkar Miss Jaya .D. Muley Research Guide Research Student School of Management Sciences
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(March) ISSN (Online): 2320-0685 Overview of Financial Inclusion in India C. Paramasivan Assistant Professor, PG & Research Department of Commerce Periyar EVR College, Trichy, Tamil Nadu V. Ganeshkumar Research Scholar, PG & Research Department of Commerce Periyar EVR College, Trichy, Tamil Nadu Abstract Inclusive growth is possible only through proper mechanism which channelizes all the resources from top to bottom. Financial inclusion is an innovative concept which makes alternative
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Financial Inclusion ntroduction Financial inclusion is the delivery of financial services at affordable costs to sections of disadvantaged and low income segments of society. Unrestrained access to public goods and services is the sine qua non of an open and efficient society. It is argued that as banking services are in the nature of public good, it is essential that availability of banking and payment services to the entire population without discrimination is the prime objective of public
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College of Agricultural Banking & Institute for Financial Management and Research Centre for Micro Finance December 2008 Cost –Benefit and Usage Behaviour Analysis of No Frills Accounts: A Study Report on Cuddalore District S. Thyagarajan Jayaram Venkatesan S. Thyagarajan is a Member of Faculty at the College of Agricultural Banking, Reserve Bank of India, Pune (http://cab.org.in). Jayaram Venkatesan is a Research Consultant at the Centre for Microfinance (http://ifmr.ac.in/cmf/). The views
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Introduction : 'Financial Inclusion';Unorganised Sector; are the buzz word today. What is 'Financial Inclusion' ? "Financial inclusion is delivery of banking services at an affordable cost ('no frills' accounts,) to the vast sections of disadvantaged and low income group. Unrestrained access to public goods and services is the sine qua non of an open and efficient society. As banking services are in the nature of public good, it is essential that availability of banking and payment services to
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the developed world, access to financial services is largely ubiquitous; there is an abundance of cash and credit on demand, from multiple channels, any locations, and 24 hours a day. But, this story is very different in the developing countries which house nearly 90 per cent of the world’s unbanked populations. The situation is worse in least developing countries (LDCs), where more than 90 per cent of the population is excluded from access to the formal financial system. The limited access to finance
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