Inclusive Banking—Concept and Context

Lalitagauri Kulkarni () and Vasant Chintaman Joshi ()
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Lalitagauri Kulkarni: Gokhale Institute of Politics and Economics
Vasant Chintaman Joshi: Bank of India

Chapter Chapter 1 in Inclusive Banking In India, 2021, pp 1-28 from Springer

Abstract: Abstract The ‘Pandemic’ has wrought untold miseries on the poor. Millions of people are estimated to be pushed into extreme poverty. As the world is turning ‘upside down’, this is the time to revisit the existing system of financial inclusion and to reconsider the role of banking sector in providing financial services to the low income population. With new technologies coming into vogue, banks in India can play a significant role in the poverty alleviation process. This chapter emphasizes the need to change the narrative of financial inclusion and indicates that the low income population can be tapped by the banks as a viable business segment.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-33-6797-5_1

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DOI: 10.1007/978-981-33-6797-5_1

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