ISSN No: 2231-5063
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Article Details ::
Article Name :
STATUS OF WOMEN FINANCIAL INCLUSION
Author Name :
K. Krishna Reddy
Publisher :
Ashok Yakkaldevi
Article Series No. :
GRT-6590
Article URL :
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Abstract :
Financial inclusion entails not just the availability of financial products - credit, deposit, insurance, etc. but also the ability to transfer money around in an affordable manner. As a result of the bank nationalization programme and the government’s efforts to increase bank branches in rural and remote areas, the national distribution of financial has increased. Innovative approaches in financial inclusion like using conventional branches (banks or microfinance institutions), information and communication technologies, non-bank retail agents (post-offices) has helped in the deepening of the financial sector. The nationalization of banks, Lead Bank Scheme, Regional Rural Banks, formation of SHG’s has helped to expand the financial sector across the length and breadth of the country. According to RBI, deepening of the financial sector is essential for a developed and mature economy. Financial deepening is only possible when individuals and households are financially literate to make informed choices about how they should save, borrow, and invest. With this background the present study attempts to study the status of financial inclusion of women in India.
Keywords :
  • Small Borrowal Accounts,Credit Limit,Gender,Bank Group,
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