Study of Role of Financial Institution in Financial Inclusion

International Journal of Engineering and Management Research

View Publication Info
 
 
Field Value
 
Title Study of Role of Financial Institution in Financial Inclusion
 
Creator Ishan Khatri
Prarthana Fabyani
Chehak Rajgarhia
Sejal Murarka
 
Subject Financial Inclusion
Services
Economic Growth
 
Description India is one of the largest growing economies in the world. Financial inclusion is providing financial services at an affordable rate to all people. It comes into existence in the year 1950 establishment of Reserve Bank of India. There are various incentives which have been undertaken to increase financial inclusion in India. With the nationalization of commercial banks. And the formation of NABARD Self-help Groups and Kisan credit bank. After 2000, the schemes like Swavalamban swabhiman have been launched to increase its role.
The schemes by government of India like PMJDY and Startup India schemes.
Financial inclusion helps in forming cashless economy and increase capital formation and increase economic growth of the country. It provides business and growth opportunities to the Intermediaries. This system also provides affordable services to the poor and played a vital role in improving country financial services.
 
Publisher Vandana Publications
 
Date 2020-12-31
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://www.ijemr.net/ojs/index.php/ojs/article/view/650
10.31033/ijemr.10.6.4
 
Source International Journal of Engineering and Management Research; Vol. 10 No. 6 (2020): December Issue; 35-40
2250-0758
2394-6962
 
Language eng
 
Relation https://www.ijemr.net/ojs/index.php/ojs/article/view/650/775
 
Rights Copyright (c) 2020 International Journal of Engineering and Management Research
https://creativecommons.org/licenses/by-nc-nd/4.0
 

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