nach oben

Tipp

Weitere Kapitel dieses Buchs durch Wischen aufrufen

Erschienen in:

Kapitel lesen Erstes Kapitel lesen

2023 | OriginalPaper | Buchkapitel

9. Financial Sector Governance Policies and Regulations

verfasst von : Vinay Kandpal, Deep Chandra, Narendra N. Dalei, Jatinder Handoo

Erschienen in: Financial Inclusion in Circular Economy

Verlag: Springer International Publishing

Einloggen

Abstract

We analyze the Indian government’s and regulators’ contributions to the principles and practices of financial inclusion in enhancing the poor’s access to financial services in the past and present and suggest future corrective actions. We discover that psychological and business factors are the main obstacles. For the development of an innovative digital market and financial system, there is a need for a strong and dynamic ongoing research-based business model, as well as a sense of sustainability and inclusivity. It will support our interventions in regular financial services, including a payment system with new differential players, at an appropriate scale and size. However, this won’t be effective until strategic financial sector development and growth are integrated with financial inclusion.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 390 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Maschinenbau + Werkstoffe

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Vorheriges Kapitel MFIs and NBFCs Contributions Towards Financial Inclusion and Circular Economy

Acikgoz B, Amoah A, Yılmazer M (2016) Economic freedom and growth: a panel cointegration approach. Panoeconomicus 63(5):541–562 CrossRef

Allen F, Demirgüç-Kunt A, Klapper L, Peria MSM (2016) The foundations of financial inclusion: understanding ownership and use of formal accounts. J Financ Intermed 27:1–30. https://doi.org/10.1016/j.jfi.2015.12.003 CrossRef

Anzoategui D, Demirgüç-Kunt A, Pería MSM (2014) Remittances and financial inclusion: evidence from El Salvador. World Dev 54:338–349 CrossRef

Beck T, Demirgüç-Kunt A, Levine R (2007) Finance, inequality and the poor. J Econ Growth 12(1):27–49. https://doi.org/10.1007/s10887-007-9010-6 CrossRef

Besley T (1994) How do market failures justify interventions in rural credit markets? The World Bank Research Observer 9(1):27–47. https://econpapers.repec.org/RePEc:oup:wbrobs:v:9:y:1994:i:1:p:27-47 CrossRef

Bisht SS, Mishra V (2016) ICT-driven financial inclusion initiatives for urban poor in a developing economy : implications for public policy. Behav Inform Technol 35(10):817–832. https://doi.org/10.1080/0144929X.2016.1183711 CrossRef

Chaia A, Dalal A, Goland T, Gonzalez MJ, Morduch J, Schiff R (2009) Half the world is unbanked (Issue October). www.financialaccess.org

Chen FW, Feng Y, Wang W (2018) Impacts of financial inclusion on non-performing loans of commercial banks: evidence from China. Sustainaility 10(9):3084 CrossRef

Chiapa C, Prina S, Parker A (2016) The effects of financial inclusion on children’s schooling, and parental aspirations and expectations. J Int Dev 28(5):683–696 CrossRef

Chinoda T, Kwenda F (2019) Do mobile phones, economic growth, bank competition and stability matter for financial inclusion in Africa? Cogent Econ Finance 7(1):1622180. https://doi.org/10.1080/23322039.2019.1622180 CrossRef

Čihák M (2012) “Finance: good, bad, or something in between? Tell us what YouThink.” All About Finance (blog), blogs.worldbank.org. World Bank, Washington, DC. http://blogs.worldbank.org/allaboutfinance/financegood-bad-or-something-in-between-tell-us-what-you-think

Collins D, Morduch J, Rutherford S, Ruthven O (2009) Portfolios of the Poor—How the World’s Poor Live on $2 a Day

Demirguc-Kunt A, Klapper L (2012) Measuring financial inclusion: the Global Findex database, Policy Research Working Papers. The World Bank. https://doi.org/10.1596/1813-9450-6025 CrossRef

Demirguc-Kunt A, Klapper L, Singer D (2017) Financial inclusion and inclusive growth: a review of recent empirical evidence, Policy Research Working Papers. The World Bank. https://doi.org/10.1596/1813-9450-8040

Ellis K, Lemma A, Rud J (2010) Financial inclusion, household investment and growth in Kenya and Tanzania. Overseas Development Institute, London, UK 43(9):1–4

Financial report of the consumer financial protection Bureau (2012) The consumer financial protection bureau: overview and analyses, pp 111–160

Galor O, Zeira J (1993) Income distribution and macroeconomics. Rev Econ Stud 60(1):35. https://doi.org/10.2307/2297811 CrossRef

Hafer RW (2013) Economic freedom and financial development: international evidence. Cato J 33:111

Honohan P, King M (2012) Cause and effect of financial access: cross-country evidence from the FinScope surveys. In: IIIS discussion paper series. – Dublin, ZDB-ID 2468033-3. – Vol. 399. https://doi.org/10.7551/mitpress/9517.003.0005

Johnston D, Morduch J (2008) The unbanked: evidence from Indonesia. World Bank Econ Rev 22(3):517–537. https://doi.org/10.1093/wber/lhn016 CrossRef

Kabakova O, Plaksenkov E (2018) Analysis of factors affecting financial inclusion: ecosystem view. J Bus Res 89:198–205. https://doi.org/10.1016/j.jbusres.2018.01.066 CrossRef

Karlan D, Morduch J (2010) Access to finance. In: Rodrik D, Rosenzweig M (eds) Handbooks in economics, vol 5. Elsevier, pp 4703–4784. https://doi.org/10.1016/B978-0-444-52944-2.00009-4 CrossRef

Lopez T, Winkler A (2018) The challenge of rural financial inclusion: evidence from microfinance. Appl Econ 50(14):1555–1577 CrossRef

Mahajan V, Nagasri G (1999) Building sustainable microfinance institutions in India. BASIX

NABARD (2004) Progress of SHG bank linkage 2003–2004

Nachiket Mor Committee, Committee on Comprehensive Financial Services for Small Businesses and Low Income Households Report, RBI, 2014

Nations P (2017) Financial policy for the poor: financial inclusion and microdebt by. November

Netemeyer RG, Warmath D, Fernandes D, Lynch JG (2018) How am i doing? Perceived financial well-being, its potential antecedents, and its relation to overall well-being. J Consum Res 45(1):68–89. https://doi.org/10.1093/jcr/ucx109 CrossRef

Rojas-Suarez L (2016) Financial inclusion in Latin America: facts and obstacles. In: SSRN Electron J (Issue October 2016). doi: https://doi.org/10.2139/ssrn.2860875

Sanghera T (2019) Banking in India: why many people still don’t use their accounts. Al Jazeera. https://www.aljazeera.com/ajimpact/banking-india-people-don-accounts-190621093947054.html

Sethi D, Acharya D (2018) Financial inclusion and economic growth linkage : some cross country evidence. J Financ Econ Policy 10(3):369–385. https://doi.org/10.1108/JFEP-11-2016-0073 CrossRef

Srinivasan R, Sriram MS (2003) Microfinance: an introduction. IIMB Manag Rev 15(2):52–86

Stiglitz J, Weiss A (1981) Credit rationing in markets with imperfect information. Am Econ Rev 71:393–410

World Bank (2018) Understanding poverty: overview of financial inclusion. Retrieved from https://www.worldbank.org/en/topic/financialinclusion/overview

Titel: Financial Sector Governance Policies and Regulations
verfasst von: Vinay Kandpal
Deep Chandra
Narendra N. Dalei
Jatinder Handoo
Verlag: Springer International Publishing
Buch: Financial Inclusion in Circular Economy
Print ISBN: 978-3-031-22722-6

Electronic ISBN: 978-3-031-22723-3

Copyright-Jahr: 2023
DOI: https://doi.org/10.1007/978-3-031-22723-3_9

Springer Professional

Tipp

Weitere Kapitel dieses Buchs durch Wischen aufrufen

Abstract

Bitte loggen Sie sich ein, um Zugang zu Ihrer Lizenz zu erhalten.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Springer Professional "Technik"

Springer Professional "Wirtschaft"