Journal ArticleDOI
Impact of financial inclusion on poverty alleviation through cooperative banks
TLDR
In this article, the authors examined the impact of financial inclusion on poverty alleviation through cooperative banks and found that access to basic financial services such as savings, loans, insurance, credit, etc., through financial inclusion has generated a positive impact on the lives of the poor and help them to come out of the clutches of poverty.Abstract:
The purpose of this paper is to examine the impact of financial inclusion on poverty alleviation through cooperative banks.,In order to fulfil the objectives of the study, primary data were collected from 540 beneficiaries of cooperative banks operating in three northern states of India, i.e., J&K, Himachal Pradesh (HP) and Punjab using purposive sampling during July-December 2015. The technique of factor analysis had been used for summarisation of the total data into minimum factors. For checking the validity and reliability of the data, the second-order CFA was performed. Statistical techniques like one-way ANOVA, t-test and SEM were used for data analysis.,The study results reveal that financial inclusion through cooperative banks has a direct and significant impact on poverty alleviation. The study highlights that access to basic financial services such as savings, loans, insurance, credit, etc., through financial inclusion has generated a positive impact on the lives of the poor and help them to come out of the clutches of poverty.,The study was conducted amidst few limitations. First, the in-depth analysis of the study is restricted to three northern states only because of limited resources and time availability. Second, the study is limited to the perception of financial inclusion beneficiaries only, which, in future, could be carried further on the perception of other stakeholders such as bank officials, business correspondents, village panchayats, etc.,The study makes contribution towards the financial inclusion literature relating to poverty alleviation and fulfils the research gap to some extent by assessing the impact of financial inclusion on poverty alleviation through cooperative banks. This paper can help the policymakers and other stakeholders of cooperative banks in promoting banking habits among poor rural households both at the national and international level.read more
Citations
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Journal Article
Overview of financial inclusion in india
TL;DR: In this article, the authors present a study based on various dimensions of financial inclusion and to know the positions of India in financial inclusion compared with other country and find out the strategies implanted by governance of RBI to the financial inclusion.
Dissertation
Financial inclusion and poverty reduction : evidence from small scale agricultural sector in Manicaland Province of Zimbabwe
TL;DR: In this paper, the authors present a list of ABBREVIATIONS and a table of contents for each of the following categories: I ACKNOWLEDGEMENTS, DECLARATION, DEVENDICATION, TABLE OF CONTENTS, NUMBER OF FIGURES, TABLES, and CHAPTER 1.
Journal ArticleDOI
Linkage between Financial Inclusion and Economic Growth: An Empirical Study of the Emerging Indian Economy:
Suman Dahiya,Manoj Kumar +1 more
TL;DR: Inclusive financial system is a key to sustainable development and growth of a nation wherein all segments of the society have timely access to financial services at an affordable cost as mentioned in this paper. But it facilita...
Journal ArticleDOI
Determinants of financial inclusion in rural India: does gender matter?
Simrit Kaur,Cheshta Kapuria +1 more
TL;DR: In this article, the determinants of accessing institutional and non-institutional finance across male and female-headed households in rural India were examined using multinomial logistic regression.
Journal ArticleDOI
Financial inclusion and bank profitability: evidence from a developed market
TL;DR: In this article, the authors investigated whether financial inclusion increases bank profitability and found that financial inclusion is important even in a developed economy; branch contraction reduces the profitability of Japanese banks, although the numbers of loan accounts and automated teller machines (ATMs) do not affect bank profitability.
References
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BookDOI
Financial development and economic growth : views and agenda
Ross Levine,Ross Levine +1 more
TL;DR: The authors argued that the preponderance of theoretical reasoning and empirical evidence suggests a positive first-order relationship between financial development and economic growth, and that financial development level is a good predictor of future rates of economic growth.
Posted Content
Financial Development and Economic Growth: Views and Agenda
Ross Levine,Ross Levine +1 more
TL;DR: The authors argue that the preponderance of theoretical reasoning and empirical evidence suggests a positive, first-order relationship between financial development and economic growth, and that the development of financial markets and institutions is a critical and inextricable part of the growth process and away from the view that the financial system is an inconsequential sidehow, responding passively to economic growth.
Posted Content
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Journal ArticleDOI
Late Victorian holocausts : El Niño famines and the making of the Third World
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