Original Study

Open Access

|

Peer-reviewed

Role of banks in financial inclusion in India: An axiomatic approach

Bhawna Hinger

DIP: 18.02.021/20190401

DOI: 10.25215/2455/0401021

Received: December 20, 2018; Revision Received: February 20, 2019; Accepted: March 28, 2019

Abstract

Financial inclusion is arising as another worldview of monetary development that assumes a significant part in heading out the neediness from the nation. It alludes to the conveyance of banking administrations to masses including advantaged and burdened individuals at reasonable terms and conditions. Financial inclusion is a significant need of the nation regarding monetary development and the advancement of society. It empowers to decrease the hole among the rich and helpless populace. In the current situation, financial establishments are the strong mainstays of progress, monetary development, and improvement of the economy. The current examination plans to inspect the effect of financial inclusion on the development of the economy over a time of seven years. Auxiliary information is utilized which has been examined by various relapse models as a fundamental measurable device. Consequences of the examination discovered the positive and critical effect of a number of bank office and Credit store proportion on GDP of the nation, though an inconsequential effect has been seen if there should arise an occurrence of ATMs development on Indian GDP.

The authors profoundly appreciate all the people who have successfully contributed to ensuring this paper in place. Their contributions are acknowledged however their names cannot be mentioned.

The author declared no conflict of interest.

This is an Open Access Research distributed under the terms of the Creative Commons Attribution License (www.creativecommons.org/licenses/by/2.0), which permits unrestricted use, distribution, and reproduction in any Medium, provided the original work is properly cited.

Responding Author Information

Bhawna Hinger @ hingerbhawna@gmail.com

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Role of banks in financial inclusion in India: An axiomatic approach

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Article Overview

ISSN 2348-5396

ISSN 2349-3429

DIP: 18.02.021/20190401

DOI: 10.25215/2455/0401021

Published in

Volume 04, Issue 1, January – March, 2019

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