Open AccessFINANCIAL INCLUSION THROUGH REGIONAL RURAL BANKS AND EMPOWERMENT OF WEAKER SECTIONS – A STUDY IN TUMKUR DISTRICT
Author(s) -
Thirumalesha Babu T R
Publication year - 2021
Publication title -
paripex indian journal of research
Language(s) - English
DOI - 10.36106/paripex/0706042
Subject(s) - financial inclusion , nonfarm payrolls , disadvantaged , poverty , financial services , empowerment , agriculture , rural area , business , inclusion (mineral) , economic growth , finance , financial system , development economics , economics , geography , political science , gender studies , archaeology , sociology , law
The issue of financial inclusion is emerging as the new paradigm of economic growth.Financial inclusion plays a majorrole in driving a way the poverty from the country. Financial inclusion refers to delivery banking services to massesincluding privileged and disadvantaged people at an affordable terms and conditions. It not only enhances overallfinancial intensity of agriculture but also help in increasing rural nonfarm activities which lead to development of ruraleconomy and improve economic condition of people.Regional Rural Banks are also entered to strengthen the financialinclusion network in rural areas.