Financial Inclusion To Reach Out Rural Area | Promoting Inclusive Financial Services for Poor Financial Initiatives Challenges of Financial Inclusion

Vasantha Shanmugam (u. a.)

ISBN 10: 3659813362 / ISBN 13: 9783659813368

Published by LAP Lambert Academic Publishing, 2016

About this Item

Financial Inclusion To Reach Out Rural Area | Promoting Inclusive Financial Services for Poor Financial Initiatives Challenges of Financial Inclusion | Vasantha Shanmugam (u. a.) | Taschenbuch | 92 S. | Englisch | 2016 | LAP Lambert Academic Publishing | EAN 9783659813368 | Verantwortliche Person für die EU: BoD - Books on Demand, In de Tarpen 42, 22848 Norderstedt, info[at]bod[dot]de | Anbieter: preigu.

Seller Inventory # 104039189

Bibliographic Details

• Title: Financial Inclusion To Reach Out Rural Area | Promoting Inclusive Financial Services for Poor Financial Initiatives Challenges of Financial Inclusion
• Publisher: LAP Lambert Academic Publishing
• Publication Date: 2016
• Language: English
• ISBN 10: 3659813362
• ISBN 13: 9783659813368
• Binding: Taschenbuch
• Condition: Neu
• Dimensions: 220W x 150H x 7D millimeters 220 millimeters width by 150 millimeters height by 7 millimeters depth
• Weight: 155 grams
• Seller catalogs:
  • Bücher

About this title

Synopsis

Financial inclusion is emerging as a primary concern for regulators and policy makers. It is a major driving force to achieve inclusive economic growth and it is one of the major objectives of eleventh five year plan. “Financial inclusion refers to providing financial services and timely, adequate credit to weaker sections and low income groups at an affordable cost.” Government is taking so many initiatives to achieve hundred percent financial inclusions but it needs to cross many hurdles. The authors studied the financial literacy and the awareness of various financial services among rural people. The book highlights the banking habits and usage of banking services among the rural people. It also examines the awareness level of rural people towards usage of technology in accessing financial services. The authors have discussed the various challenges of financial inclusion to reach out rural people. Banks are not willing to open their branches in the rural area due to high operation cost and less amount of frequent transactions. Today the adoption of ICT in Indian banking sector may help the banks to reach out rural area at a reasonable cost.

About the Author

Dr.S.Vasantha is a professor in School of Management studies at Vels University. She is passionate towards teaching Finance courses. Her research interests focus on Challenges of SHGs & Empowerment of Women. She got her Ph.D. degree from Mother Teresa University. She has published nearly 50 papers in peer-reviewed national & international journals.