Role of Government in Inclusive Banking in India

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 6 in Inclusive Banking In India, 2021, pp 119-131 from Springer

Abstract: Abstract The development of financial inclusion policy and a comparative role of various financial institutions depend on the ideology of the state. The policy of financial inclusion is not a stand-alone policy. It works in tandem with the monetary and financial sector policies at macro-level. In federal countries like India, the relationship dynamic between the central government and the state governments determines the regional development of inclusive finance. The role of government in the inclusive finance policy is pivotal in giving it a new direction.

Date: 2021
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DOI: 10.1007/978-981-33-6797-5_6

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