ARTÍCULO
TITULO

FINANCIAL INCLUSION IN NORTHEAST INDIA:A SWOT ANALYSIS

Deepjyoti Choudhury    

Resumen

Accumulation of human capital has always paved the way for economic development provided theaccumulation and savings are organised and structured by a formal credit institution. But regionswhere majority of the populations reside in rural areas, with low infrastructure and literacy rate, thebenefits of a formalised credit institutions have always not been tasted. Timely availability of creditand timely saving of the capital is of great necessity for the wellbeing of weak and deprived sectionof the population and thereby creating greater economic development. For instance the Credit-Depositratio of Northeast India to Rest of India is 35:73, which is a clear indicator of unutilised bank'sresources in Northeast India. Financial Inclusion has been thought as an answer to bank the unbankedand bring the weaker sections of society specially the rural people under the umbrella of authorisedfinancial services provided by regulated financial institutions. The technological revolution and thevast use of ICT in banking sector has paved a way for the financial institution and are adoptingbranchless banking as their strategy. Branchless banking is expected to make their efforts successfultowards financial inclusion. In this paper attempt has been made to understand the concept ofBranchless banking and how it can be implemented in Northeast India.

 Artículos similares

       
 
Subiakto Soekarno,Indra Yudha Mambea,Marla Setiawati     Pág. 46 - 49
Digital financial inclusion is digital access to and use of formal financial services. This paper aims to examine the significance of gender dimension in digital financial inclusion in Indonesia as an Emerging Market. By using surveys, we expect to relat... ver más

 
Emmanuel Kwesi Arthur, Salome Mwongeli Musau, Festus Mithi Wanjohi     Pág. 144 - 149

 
Tea Kasradze     Pág. 63 - 74

 
Kenneth White,Megan McCoy,Kim Love,Eun Jin Kwak,Erin Bruce,John Grable     Pág. 1 - 16
Based on signaling theory and visual perception theory, this study evaluated how financial advisory firms depict diversity through online platforms. Signals sent by firms may impact outsiders? understanding of race and gender inclusion at the firm level,... ver más

 
Corne Heydenrych,John M. Luiz    
AbstractThis study explores how the financial regulator through interaction with the long-term insurance industry can give effect to greater market inclusion and financial stability. It follows a qualitative approach and we interview both industry repres... ver más