Role of Banking System on Finanscial Inclusion

Sudarshan Maity () and Tarak Nath Sahu ()
Additional contact information
Sudarshan Maity: The Institute of Cost Accountants of India
Tarak Nath Sahu: Vidyasagar University

Chapter Chapter 5 in Financial Inclusion and the Role of Banking System, 2022, pp 151-194 from Springer

Abstract: Abstract Easy access to authorized financial services bears potentiality of reducing income inequalities and poverty. This chapter explores the pivotal role of the banking industry toward financial inclusion by expanding its branches in the growth and development of the economy. Simultaneously, the chapter highlights technology-enabled financial inclusion due to highest mobile penetration levels in India. It explains technology-enabled mobile banking where banks reach doorsteps of customers by taking control of various impediments and constraints posed by the brick-and-mortar model. It also estimates the technical efficiency level of Indian banks by considering different variables contributing to the objective of financial inclusion, as without sound and efficient functioning of banking system, an economy cannot function steadily and efficiently. This chapter further explains how the inefficient banks enhance their efficiency score by reducing their input level with the given output or enhancing their output level with the given input. Finally, the chapter interprets the key results.

Keywords: Financial Inclusion; Branch expansion; Mobile banking; Bank efficiency; Stepwise regression analysis; Data envelopment analysis (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-6085-6_5

Ordering information: This item can be ordered from
http://www.springer.com/9789811660856

DOI: 10.1007/978-981-16-6085-6_5

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().