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A Study of Banking Sector

Financial Inclusion means to deliver Financial Services at an affordable cost to disadvantaged and low income group population. It includes Banking, Credit, advice and outreach. The important products of Financial Inclusion are: Zero balance Savings accounts, Micro Credit and Micro Insurance. Finan...

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Bibliographic Details
Main Author: Jain, C A Sarika
Format: Article
Language:English
Published: 2015
Subjects:
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008 160615b2015 xxu||||| |||| 00| 0 eng d
100 |a Jain, C A Sarika 
245 |a A Study of Banking Sector  |c Jain, C A Sarika. 
260 |c 2015 
300 |a 55 - 77 
520 |a Financial Inclusion means to deliver Financial Services at an affordable cost to disadvantaged and low income group population. It includes Banking, Credit, advice and outreach. The important products of Financial Inclusion are: Zero balance Savings accounts, Micro Credit and Micro Insurance. Financial Inclusion is a pre requisite for Inclusive Growth - a key governmental agenda. For inclusive growth and GDP growth on a consistent basis, it is important a) to bring a large section of the unbanked and under banked population into the formal financial system as well. b) To tap into hitherto inaccessible savings, enable asset creation and enhance productive efficiency through credit provision. This paper reviews the progress of financial inclusion in India. It also highlights the achievement of Banking Sector in this area. 
650 |a Products 
650 |a Initiatives 
650 |a Progress 
650 |a Financial Inclusion 
650 |a Financial Exclusion 
773 |a Journal of Commerce & Management Thought  |d January 
999 |c 42364  |d 42364