Impact of Branchless Banking in Indian Rural Areas as a Part of Financial Inclusion
Article Sidebar
Section
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
##plugins.themes.bootstrap3.article.main##
Abstract
The Indian Government effort to build a more inclusive financial system focuses on lower income people who live in rural areas and who might have limited and infrequent needs for financial services. Private banks do not seek out poor people as customers because poor people typically do not figure into banks“ business strategies to expand and improve their operational and financial performance. Over the last three years, the Reserve Bank of India (RBI) and the Government of India have adopted financial inclusion as a policy objective and have taken actions to move toward the goal of universal access to financial services. They have accepted branchless banking as a feasible proposition for acquiring clients and delivering services. On a global level, branchless banking has adopted both bank-based and nonbank-based models; however, only bank-based models are permitted to operate in India. This paper focuses on branchless banking models that can serve poor and marginalized section of Society.
##plugins.themes.bootstrap3.article.details##
References
1. Bhavani Prasad, G. and Veena, V.D., 2011, “NPAS in Indian banking sector- trends and issues,” Journal of Banking Financial Services and Insurance Research, Volume No. 1, Issue 9, 2011, Pp 67-84.
2. He, Dong, 2002, „Resolving Non-performing Assets of the Indian Banking System “International Monetary Fund, September 2002, online at http://mpra.ub.unimuenchen.de/9758/ MPRA Paper No. 9758, posted 28. July 2008.
3. Muniappan, G. P., 2002, ''The NPA Overhang - Magnitude, Solutions, Legal Reforms" address at CII Banking Summit 2002, April 1, Mumbai, available through internet at www.rbì.org.in.
4. Prashanth k Reddy 2002, „A comparative study of non Performing Assets in India in the global context – similarities and dissimilarities, remedial measures, CYTL paper, Indian Institute of Management, Ahmadabad.
5. Ranjan, R. & Dhal S., 2003, „Non-Performing Loans and Terms of Credit of Public Sector Banks in India: An Empirical Assessment “, Occasional Papers, Reserve Bank of India Publication, Mumbai, winter, Vol. 24, No. 3, Pp. 81-121.
6. Ramu, N, 2009, „Dimensions of Non-performing Assets in Urban Cooperative Banks in Tamil Nadu“, Global Business Review, July/December 2009 vol. 10 no. 2 Pp 279-297.
7. Banerjee, B. and Dan, A.K. (2006), “Management of Non-performing Advances in the Public Sector Banks in India”, New Trends in Corporate Reporting (Edited Book), RBSA Publishers, Jaipur, pp. 115-137.
8. Gupta, S. and Kumar, S. (2004), “Dimensions and Prospectus of Non-performing Assets: Challenges Before the Banking Sector Reforms in the New Millennium”, Edited Book Banking in the New Millennium, pp. 279-291.
9. Krishnamurthi, C.V. (2000), “Non-performing Assets- Banks and Financial Institutions: NPAs Plaguing National Economy”, Southern Economist, Vol. 38, no. 5, July, 2000, pp. 19-20.
10. Chaudhary, S., & Singh, S. (2012). Impact of Reforms on the Asset Quality in Indian Banking, International Journal of Multidisciplinary Research Vol.2 (1).13-31.
11. Srivastava Vivek,(2013)“ A Study On Non-Performing Assets Of Indian Banks” GYANPRATHA-ACCMAN Journal of Management, Volume 5, Issue 2,July2013.
12. Srivastava Vivek, Bansal Deepak,(2013), “A Study of trends of Non-Performing Assets in Private Banks in India, International Journal in Multidisciplinary and Academic Research (SSIJMAR) Vol. 2, No. 2, March-April (ISSN 2278 – 5973) .
13. Srivastava Vivek , Guliti Mengistu, Dr. Gupta S K ““Marketing Innovations Changing Rural Indian Banking” „Technological and Management Advances in the New Age Economy: An Industry Perspective’ be published in the Conference Souvenir. ( Paperback ISBN : 978–93–5156–339– 6 ) and all full papers duly submitted in eBook (ISBN: 978-93-5156-340-2).
