The efficacy of bank led model to reach theunreached: a case study of Mysore taluk

Rupa, K.N and Uma, H. R (2015) The efficacy of bank led model to reach theunreached: a case study of Mysore taluk. Journal of Media and Social Development, 3 (2). pp. 3-13. ISSN 2320-8244

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Abstract

Financial exclusion is a global phenomenon. Every country,through financial inclusion, wants to reduce poverty and socio-economic inequality and make use of the hidden potential of a vastmajority of people. Government of India and Reserve Bank of Indiaattach much importance to financial inclusion as a tool to achieveinclusive growth. The present study has been attempted to find outthe impact of financial inclusion for the rural households in Mysoretaluk in Mysore District in Karnataka. To know the growth of financialinclusion at macro level in Karnataka and at all India for two periods,exponential model was used. It is estimated that higher growth rateswere recorded in all the three parameters of financial inclusion inKarnataka for periods I and II than that of at all India level. Withregard to impact of social and economic changes on Basic SavingsDeposit account holders after the financial inclusion in the study region,the Chi-square test revealed that there is a significant change afterthe financial inclusion. Therefore, considering the positive changeson new account holders’ economic and social fabrication due tofinancial inclusion at the grossroot level, Government of India andRBI may take further initiative to implement JAN-DHAN YOJANAmission efficiently and effectively to reach the unreached.Keywords: Financial Inclusion, Scheduled Commercial Banks, BranchExpansion, Deposit Mobilization, Credit Penetration, BSBD Accounts

Item Type: Article
Uncontrolled Keywords: Financial Inclusion, Scheduled Commercial Banks, BranchExpansion, Deposit Mobilization, Credit Penetration, BSBD Accounts
Subjects: A Arts and Humanities > Economics
Divisions: Department of > Economics and Cooperation
Depositing User: Dr Raju C
Date Deposited: 04 Mar 2021 10:01
Last Modified: 04 Mar 2021 10:01
URI: http://eprints.uni-mysore.ac.in/id/eprint/15745

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