International Journals

Permanent URI for this collectionhttps://dspace.psgrkcw.com/handle/123456789/147

Browse

Has files: YesSubject: search.filters.subject.Financial Services

Search Results

Now showing 1 - 3 of 3
  • No Thumbnail Available
    Item
    A STUDY ON FINANCIAL SERVICES OF COMMERCIAL BANKS IN RURAL INDIA DEVELOPMENT
    (The International journal of analytical and experimental modal analysis, 2020-01) Mageswari M
    Financial exclusion has been predominant in rural areas primarily due to poor infrastructure resulting in lesser access to more sophisticated and modern financial services.This along with financial illiteracy, burdensome documentation and procedures insisted by formal sources of credit, lack of customized financial products leads to financial exclusion of poor and low income citizens of India. Moreover, lack of credit history and absence of documentary proof of identity or address of the prospective borrowers become obstacles for formal sources of credit to provide access to financial services. The economy should recognize exclusion as a logical indeed, inevitable outcome and to design appropriate mechanism for addressing each of the factors that make for it. Financial Inclusion facilitates efficient allocation of productive resources and thus can potentially reduce the cost of capital. Financial Inclusion improves the day–to-day management of finances.
  • No Thumbnail Available
    Item
    A STUDY ON AWARENESS OF PRADHAN MANTRI JAN DHAN YOJANA [THE FINANCIAL INCLUSION] WITH SPECIAL REFERENCE TO RURAL AREAS OF COIMBATORE DISTRICT
    (Jour of Adv Research in Dynamical & Control Systems, 2018-11-27) M, Mageswari
    Financial Inclusion, broadly defined, refers to universal access to a wide range of financial services at a reasonable cost to low-income segments of society Financial inclusion is an innovative concept which promotes the banking habits among the financially excluded people and enables to reduce poverty and the launch of Pradhan Mantri Jan Dhan Yojana (PMJDY) by Government of India is in that direction. It enables to reduce the gap between rich and poor population. In the current scenario financial institutions are the robust pillars of progress, economic growth and development of the economy. This scheme is not confined to opening of bank account but has other advantages blended with it such as Zero Balance bank account with RuPay debit card, Accidental Insurance cover of Rs 1 lakh, Life Insurance cover of Rs 30,000, etc. This paper is an attempt to identify the awareness of the rural people of Coimbatore about the newly launched scheme Pradhan Mantri Jan Dhan Yojana.
  • No Thumbnail Available
    Item
    A CONCEPTUAL STUDY ON STRATEGIES ADOPTED BY RBI FOR FINANCIAL INCLUSION IN INDIA
    (Journal of Emerging Technologies and Innovative Research (JETIR), 2018-09) Vidyakala K; Nithya Kala K
    India is the sixth largest economy in the world (source: World Bank, 2018). For developing country like India credit is considered to be the prime factor for the economic development. Financial inclusion is the conscious effort taken in by Indian government and RBI to bring “Unbanked Population” to formal banking system. Financial inclusion is the process of making financial services available and accessible at affordable costs to all individuals and businesses. Financial inclusion aims to address and provide solutions to the problems that exclude people from participating in the financial sector. This paper focuses on strategies adopted by RBI for Financial Inclusion in India using secondary data in-order to evaluate access and usage of financial services to measure the financial inclusion progress in India