scholarly journals Analysis of Perceptions and Attitudes of Scheduled Commercial Bank Personnel Toward Provision of Credit to Poor and Toward Financial Inclusion Process in India

2012 ◽  
Vol 1 (1) ◽  
pp. 1 ◽  
Author(s):  
T. Ravikumar
Keyword(s):  
Commercial Bank ◽  
Financial Inclusion ◽  
Inclusion Process ◽  
Perceptions And Attitudes

Financial Inclusion Process in India: An Analysis

2012 ◽  
Vol 3 (7) ◽  
pp. 269-270
Author(s):  
Dr. Pallavi.S Kusugal ◽  
◽  
Dr Nagaraja. S Dr Nagaraja. S
Keyword(s):  
Financial Inclusion ◽  
Inclusion Process

scholarly journals PRADHAN MANTRI JAN DHAN YOJANA (PMJDY) - A CONCEPTUAL STUDY

2017 ◽  
Vol 5 (4) ◽  
pp. 143-152
Author(s):  
Neha Sharma ◽  
Ruchi Goyal
Keyword(s):  
Rural Areas ◽  
Insurance Coverage ◽  
Secondary Data ◽  
Influential Factors ◽  
Financial Inclusion ◽  
Primary Data ◽  
Indian Government ◽  
Inclusion Process ◽  
Conceptual Study ◽  
The Relationship

A successful development is marked with the establishment of a stable and useful financial system for the entire population. Indian government implemented many initiatives since independence for financial inclusion and recently launched Pradhan Mantri Jan-Dhan Yojana (PMJDY) to overcome the loopholes of previous initiatives. PMJDY is major financial plan with the objective of covering all households in the country with banking facilities along with inbuilt insurance coverage. With this background, the study has been conducted and tries to find out the success rate of inclusion process in rural areas of Jaipur district. For the purpose of the study, both primary data and secondary data have been collected. Correlation (r) test is used to find out the relationship between the socio economic backgrounds and the financial inclusion process. Findings show that Income, financial information from various channels and awareness of PMJDY are influential factors leading to inclusion. Nearness to banks increases the likelihood of inclusion.

scholarly journals Financial inclusion and gender-induced poverty in Nigeria

2022 ◽  
Vol 10 (8) ◽  
pp. 266-274
Author(s):  
Sunday Bello ◽  
Godwin Emmanuel Oyedokun ◽  
Modupeola Adeolu-Akande
Keyword(s):  
Commercial Bank ◽  
Financial Literacy ◽  
Poverty Reduction ◽  
Financial Institution ◽  
Negative Influence ◽  
Financial Inclusion ◽  
Access To Credit ◽  
Bank Branches ◽  
Bank Deposits ◽  
Gender Based

The goal of this study was to see how financial inclusion affects gender-based poverty in Nigeria. Commercial bank branches, deposits, and borrowers were the proxy for financial inclusion. The poverty index was used to measure poverty reduction. The World Development Indicator (WDI) and the CBN Statistical Bulletin 2021 provided the data for this study. Finally, the study included the years 2002 to 2019. Financial inclusion reduces household poverty in Nigeria, according to the study, which used a VAR estimate. The coefficients of commercial bank branches and commercial bank deposits were (-0.004) and (-0.008), respectively, indicating that they had a negative influence on poverty reduction. Furthermore, the study discovered that having access to credit through a financial institution was crucial in lowering poverty in Nigeria over the study period. As a result, the report recommends that steps to promote the rule of law, particularly contract enforcement and financial regulatory inspection, be implemented, resulting in more financial inclusion and a reduction in poverty and income gaps, particularly between men and women. The benefits of financial inclusion must be made more widely known, particularly in rural regions, through promoting financial literacy among the poor through education, advertising, and traditional institutions.

scholarly journals Effect of Financial Inclusion on Financial Stability: Countrys by Income Level Clasiffication, 2004-2014

2020 ◽  
Vol 1 (1) ◽  
pp. 11-22
Author(s):  
Wirdatul Aini ◽  
A. Tony Prasetiantono
Keyword(s):  
Financial Crisis ◽  
Commercial Bank ◽  
Low Income ◽  
Financial Stability ◽  
High Income ◽  
Financial Inclusion ◽  
Low Income Countries ◽  
Service Development ◽  
Middle Income ◽  
Middle Income Countries

Financial inclusion has become a main key for financial service development yet this development should also consider financial stability. The Asian financial crisis 1997 and the Global financial crisis 2008 gave us lesson of how important to maintain financial stability. Thus, the development of the financial services sector through financial inclusion is expected to impact the financial stability of the countries income levels. This study aims to determine the effect of financial inclusion relation to the financial stability in many countries based on their level of income during 2004-2014. This study used unbalanced panel data regression with fixed effect model. The results showed that financial inclusion proxied by commercial bank outstanding deposit has positive yet unsignignificant effect on financial stability for high income and upper-middle income countries, and has negative significant effect for lower-middle income and low income countries. Meanwhile, financial inclusion proxied by commercial bank outstanding loan has negative significant effect on financial stability in high income and upper middle income countries. This result is the opposite of lower-middle income which showed positive yet unsignificant effect, and positive significant impact for low  income countries

scholarly journals Digital Banking Strategy and Financial Inclusion among Commercial Banks in Kajiado County. A Case of Kenya Commercial Bank in Kajiado County, Kenya

2021 ◽  
pp. 1-14
Author(s):  
Johnstone Muli Makau ◽  
Clement O. Olando
Keyword(s):  
Commercial Bank ◽  
Financial Services ◽  
Commercial Banks ◽  
Quantitative Methods ◽  
Commercial Banking ◽  
Financial Inclusion ◽  
Efficient Technology ◽  
Banking Services ◽  
Digital Service ◽  
Banking Strategy

Despite the expansive infrastructure of commercial banking in Kenya, a large percentage of the country’s population is excluded from access to formal banking services/products. Further, there is insufficiency of credible information on the manner that digital banking strategies relates to inclusion on access to financial services. Accordingly, this study was in search of bridging the gap with the objective of evaluating the effects of the digital banking strategy on financial inclusion midst commercial banks in Kajiado County (a case of Kenya commercial bank in Kajiado county). This research utilised quantitative methods and espoused descriptive research design. It regarded the 323 Kenya commercial banks outlets (branches and bank agents) in Kajiado County for its target population and obtained a sample size of 179 respondents. A closed-ended questionnaire was administered using drop and pick approach, was developed for gathering data to be acquired from primary sources. This research adopted quantitative analysis approach to yield descriptive statistics and inferential statistics. The study concludes that at 5% error level, digital banking channels, digital financial infrastructure, convenience of digital financial services, have a statistical positive significant effect on financial inclusion among commercial banks in Kajiado county while digital service offering has a statistically insignificant effect on financial inclusion among commercial banks in Kajiado county. The study recommends that the commercial banks in Kajiado should, provide digital banking services to areas that are not easily accessible, acquire adequate infrastructure facilities and adopt efficient technology, offer simple, cost effective and secure services to their customers and provide wide variety of digital service.

scholarly journals PENGEMBANGAN MODEL BISNIS BANK “X” DALAM MENDUKUNG INKLUSI KEUANGAN MENGGUNAKAN KERANGKA KERJA SOFT SYSTEM METHODOLOGY (SSM)

2019 ◽  
Vol 9 (1) ◽  
pp. 223
Author(s):  
Wicaksono Sarwo Edi ◽  
Marimin . ◽  
Arief Daryanto ◽  
Imam Teguh Saptono
Keyword(s):  
Commercial Bank ◽  
Business Model ◽  
Real World ◽  
Dual Task ◽  
Financial Inclusion ◽  
Problem Situation ◽  
Soft System Methodology ◽  
Leverage Points ◽  
Business Model Canvas ◽  
System Methodology

This research aims to develop a business model for Bank "X", which is a state-owned commercial bank, in supporting financial inclusion for micro and small segments. As a state-owned enterprise Bank “X” has a dual task, besides having to generate profits, it must also required to act as a agent of development. We still need to do more research to find out the most appropriate and effective business model for this area. The business model is mapped by utilizing 9 blocks of business model canvas developed by Osterwalder and Pigneur (2010). The study was conducted using the soft system methodology (SSM) framework according to Checkland (1981), which consists of seven stages. The seven SSM stages include: (1) finding a problem, (2) expressing a problem situation, (3) getting an essential definition, (4) making a conceptual model, (5) comparing it with the real world, (6) determining desirable - feasible change, and (7) suggestions for improvement. By carrying out these seven stages, an operational business model and sub-elements are produced which are the main keys or leverage points in operating a business model

Mexico banking sector set to grow and diversify

2016 ◽  
Keyword(s):  
Economic Activity ◽  
Banking Sector ◽  
Bank Loans ◽  
Financial Inclusion ◽  
Foreign Banks ◽  
Content Type ◽  
Inclusion Process ◽  
International Reputation ◽  
Economic Slowdown ◽  
Improve Access

Subject Mexico is becoming increasingly attractive to foreign banks. Significance Several banks from Europe and Asia are entering the Mexican banking sector to expand their presence in Latin America. Mexico offers them an attractive market in a region that has become much less so in recent years due to the commodities slump and the economic slowdown. Impacts A larger banking sector will facilitate economic activity and improve access to bank loans for businesses and households. The ability to attract more foreign banks will heighten Mexico's international reputation. Competition among banks will increase, benefitting companies and families as well as the financial inclusion process.

Financial Inclusion in Rwanda: an Analysis of Role Played by Commercial Banks

2018 ◽  
Vol 4 (2) ◽  
pp. 25-31
Author(s):  
Moïse Bigirimana ◽  
Xu Hongyi
Keyword(s):  
Economic Growth ◽  
Commercial Bank ◽  
Commercial Banks ◽  
Financial Inclusion ◽  
Three Dimensions ◽  
Microfinance Institutions ◽  
Great Role ◽  
Fast Development ◽  
The Government

The purpose of this research is to analyze the role played by commercial banks on financial inclusion in Rwanda. Rwanda which is seen as a model of fast development in Africa has set a target of 90% financial inclusion by the year 2020. This target was almost achieved in 2016 where 89% were financially included but only 26% have accounts with commercial banks. This study reveals that all the three dimensions of financial inclusion i.e. access, penetration and usage of commercial banks have increased from 2004 to 2016. This research found that almost 40% of respondents have accounts in the commercial bank. The rest of respondents have accounts either in microfinance institutions or in SACCOs. The findings show again that 67.7% of people who took loans, took them from commercial banks. Although commercial banks play a great role, there is a long way to go for Rwanda to be formally included because only 26% have an account in commercial banks according to Finscope Survey 2016. On this matter, the government of Rwanda should put more efforts to computerize MFIs and SACCOs as they serve 65% of the population in Rwanda. The government of Rwanda should set policies that support microfinance and SACCOs for them to offer better services at the standards of commercial banks as this would help in having a big number of citizens formally included and it may contribute to its economic growth.

scholarly journals Determining the Financial Inclusion Output of Banking Sector of Pakistan—Supply-Side Analysis

Economies ◽  
2020 ◽  
Vol 8 (2) ◽  
pp. 42
Author(s):  
Fareeha Adil ◽  
Abdul Jalil
Keyword(s):  
Financial Services ◽  
Banking Sector ◽  
Time Series Data ◽  
Financial Inclusion ◽  
Series Data ◽  
Supply Side ◽  
Inclusion Process ◽  
Consumer Loans ◽  
The People ◽  
The Times

Financial inclusion is the process of including the people who lack formal financial services. The concept of financial inclusion emerged globally in the times of millennium and is defined as the availability and usage of formal financial services. It essentially facilitates economic growth; the financially included individuals can invest in business, education, and entrepreneurship, which can pave way to poverty alleviation and economic development. In the context of Pakistan, a developing economy of South Asia, the financial landscape presents a grim picture of financial inclusion where only 16 percent of the population is financially included. Despite the current focus of policies and regulations devoted to enhancing access to finance in Pakistan from the supply side, the current state of financial inclusion is limited. Therefore, this study investigates the financial inclusion process for Pakistan from the supply side. We analyze the supply-side dimension of access by employing econometric technique of autoregressive distributive lag (ARDL) and using time series data of banking sector of Pakistan. Our empirical findings suggest that the greater the size, geographic outreach, and demographic outreach of the banks, the greater the contribution to the financial inclusion. Additionally, improvement in soft consumer loans and increase in small-sized advances reinforces the financial inclusion process.

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