Financial Inclusion Growth and Governance [Hardcover]

Language: English. ABOUT THE BOOK: This book highlights the importance of Financial Inclusion Growth and Governance, inalienably linked to each other and integral to fostering financial stability. Rapid Financial Inclusion will lead India to a trajectory of exponential economic growth with Equity allowing India to take its rightful place in the comity of nations and to take a leadership role in South and South East Asia and the world. This is a collection of speeches and writings of the author which explore in depth the subject of Growth and Governance Financial Intermediation for all especially for women and the weaker, and most vulnerable sections. This insightful and analytical book explores the many facets of the multiplier effect on economic growth which the possession of a Bank account and of being linked to mainstream financial institutions can have on the weak and vulnerable sections of society. It shows how this will help the poor, the weak, the vulnerable and the under served, build financial capability by accessing saving, credit, remittance, Insurance, and Transaction facilities at reasonable costs from the financial system, leading to sustainable, scalable, income generation allowing them to work their way out of poverty. It explores the moral and economic arguments for financial Inclusion which are both equally compelling. The book showcases the macro policies which have driven Financial Inclusion and brings out the importance of the Prime Ministers Jan Dhan Yojana as an effective delivery model. It explains how financial intermediation for the masses will help unleash the forces of economic growth. This book addresses an issue which has high priority on the National Agenda and will be a valuable source of reference on the subject for Economists, bankers, policy makers, teachers, civil society, multi lateral institutions engaged in development, civil servants, researchers, analysts, social scientists, and the thinking person. With this book the author has made another substantive contribution to the field of development economics. ABOUT THE AUTHOR: Dr. Deepali Pant Joshi is an Executive Director Reserve Bank of India. On the Governing Council of the Institute of Banking Personnel Selection (IBPS) on the Board of the Bharatiya Reserve Bank Note Mudran (P) Ltd. (BRBNMPL) Press. Held charge of Rural Planning & Credit Department, Customer Service Department nominee Board for Financial Supervision of RRBs and Cooperative Banks of the (NABARD), RBI nominee director of Andhra Bank ,RBI Director on several Regional Rural Bank Boards early in her career. India Expert on the Financial Inclusion Expert Group of the G20 associated with several important Working Groups /Committees on rural credit. A well known development economist,and fellow of the Harvard University, Asia Centre. She holds a Doctorate from the University of Allahabad as also Law and Management degrees. She has authored five books on Economics, Rural development, Financial Inclusion and Banking related subjects and a host of Academic Papers. CONTENTS: Acknowledgements. 11 Preface. 13 Introduction. 15 Financial Inclusion Growth And Governance 1. Role of Banking in Development. 31 2. India Securing Economic Growth With Equity. 51 3. Skill Development. 69 4. Child and Youth Finance in India. 87 5. Indian Rural Banking Sector: Big Challenges and the Road Ahead. 95 6. Consumer Protection–Agenda for Inclusive Growth. 111 7. Enabling Urban Microfinance. 123 8. Technology as an Enabler of Financial Inclusion. 133 9. Financial Inclusion Journey so far and Road Ahead. 145 10. Strategy Adopted for Financial Inclusion. 157 11. The Indian Model : Challenges and Prospects. 169 Financial Literacy 12. Financial Literacy – Some Thoughts. 181 13. Financial Education Key to Promoting Financial Inclusion and Customer Protection. 185 14. Financial Education and Customer Protection. 197 15. Moving Financial Capability Forward: Innovation Scale and Impact. 209 16. Ethics and Corpo.