Airo International Research Journal June, 2017 Volume XI, ISSN:
|
|
- Madeleine Cummings
- 5 years ago
- Views:
Transcription
1 1
2 FINANCIAL INCLUSION THROUGH BUSINESS CORRESPONDENT MODEL IN HARYANA: A CRITICAL ANALYSIS Manoj Siwach 1 and Kavita Gahlot 2 Declaration of Author: I hereby declare that the content of this research paper has been truly made by me including the title of the research paper/research article, and no serial sequence of any sentence has been copied through internet or any other source except references or some unavoidable essential or technical terms. In case of finding any patent or copy right content of any source or other author in my paper/article, I shall always be responsible for further clarification or any legal issues. For sole right content of different author or different source, which was unintentionally or intentionally used in this research paper shall immediately be removed from this journal and I shall be accountable for any further legal issues, and there will be no responsibility of Journal in any matter. If anyone has some issue related to the content of this research paper s copied or plagiarism content he/she may contact on my above mentioned ID. Financial exclusion is lack of access to sustainable financial services, may it be savings, credit or insurance, at low cost to vulnerable sections of the society. It is proving to be a major roadblock in the path of economic growth and is the main cause of poverty. To achieve greater financial inclusion, a two prolonged approach is suggested. Financial literacy on one hand stimulates the demand side, making people aware of what they can demand, financial inclusion acts from supply side providing the financial services what people demand. It is not possible to establish bank branches in every village due to costs like building rent, telephone, electricity, security guards and staff salary etc. Another reason of this is low volume of business. But at the same time, poor villagers face the problems of time and cost due to long distance from bank branch, illiteracy and inability to understand banking process. Business Correspondent Model was presented as a solution to the above mentioned problems which serves as a mediator between financially excluded people and the banks. A Business Correspondent is a representative of the bank who provides fair and safe financial products and services through cost effective technology at affordable costs to vast sections of vulnerable and low income groups including households, enterprises, traders etc. Objectives The present paper assesses the performance of Business Correspondent Agents (BCA) model in Haryana in terms of the coverage of banking services. As the banking services have been extended to the villages through other modes as well, the paper also assesses the relative role of BCA model in extension of banking services in rural Haryana. Methodology Business Correspondent model was implemented in 2006 in Haryana. But it was 1 Associate Professor, Deptt. of Economics, CDLU, Sirsa. manojsiwach70@gmail.com 2 Research Scholar, Deptt. of Economics, CDLU, Sirsa. 2
3 effectively implemented in There are 6841 in Haryana. In First Phase of Financial Inclusion Plan under Swabhiman Scheme, villages having a population of over 2000 were covered as on The total number of such villages covered till due date was The study assesses the performance of Business Correspondent Model in these villages only. It is based on secondary data. Sources of secondary data are RBI, NABARD reports and State Level Banking Committee (Punjab National Bank) reports of Haryana. In order to analyze the data, simple statistical techniques like average, percentage methods have been used. Results and Discussion The findings of the study have been presented under three subheads given below. I. Coverage of Banking Services through Business Correspondent Agents Financial inclusion does not mean merely opening of saving bank account but also signifies creation of awareness about banking products and its uses. In order to accomplish this, the banks have opened their Customer Service Points (CSPs) in unbanked area to cover the whole vulnerable population as permitted by RBI. To cover the villages with population over 2000, Business Correspondents have been the dominant mode as compared to other modes such as brick and mortar branches, ultra small branches and mobile van for providing banking facilities at their doorstep. This mode is cheaper and easiest way compared to other modes. Banks have appointed 1727 Business Correspondent Agents to cover 1838 villages. Almost 94 per cent villages have been served with banking facilities through BC model. Maximum number of BCs (503) was appointed by PNB with 503 followed by SBI with 214 villages. A total of 1258 villages have been covered by Public Sector Banks, while 467 and 2 villages have been covered by Private Sector and Regional Rural Banks respectively through Business correspondent Agents. In relative terms, the public sector banks have appointed Business correspondent agents in per cent villages. Rest of the villages allotted to them (i.e per cent) were financially included through other modes. Private Sector Banks have appointed BCAs in 100 per cent of the villages allotted to them. Regional Rural Banks have appointed Business correspondent agents in per cent villages allotted to them for financial inclusion. Rest of the (6.98 per cent) villages allotted to RRBs were covered by them through other modes. In this way, the business correspondent agents have major share in financial inclusion of the villages with population of more than 2000 people in Haryana. 3
4 4
5 II. Coverage of Banking Services through other modes than Business Correspondent Agents The coverage of villages for financial inclusion has been very little through other modes like brick and mortar branches, ultra small branches and mobile vans as it is too costly to cover the villages through these modes. So, only 100 (5.44 per cent), 3 (0.163 per cent) and 8 (0.435 per cent) villages were covered through brick and mortar branches, ultra small branches and mobile vans respectively. So the contribution of these modes has been only 6 per cent in financial inclusion of the villages with population of more than 2000 people in Haryana. III. Role of Business Correspondent Agents in Opening Accounts under Financial Inclusion Plan 2012 In this section, it has been studied that whether or not the CSP/ BCA has enrolled at least 25 per cent of target households in the area of operation within six months of starting the activity as per RBI guidelines. To achieve the 100 per cent financial inclusion in 1838 villages, accounts have been opened. The highest numbers of accounts were opened by PNB followed by SBI with number of accounts. As individual account opening details through Business Correspondent Agents are not available, projected value of account opening details has been worked out by multiplying with percentage of villages covered through BCAs observed. It was found that maximum accounts were opened with the help of Business correspondent Agents. Public Sector Banks have opened accounts out of accounts. Private Sector Banks have opened 768 accounts out of 768 accounts. Regional Rural Banks have opened accounts out of accounts. Conclusion For achieving 100 per cent financial inclusion Banks have appointed Business Correspondents. This channel has been developed by the banks as one of the regular alternate channels to reach out to its customers. Even after establishment of this model, the last-mile connectivity is very crucial for the success. It may be concluded that although the banking is being extended rapidly to the rural areas through Business Correspondent model, still a large number of households are outside the formal banking system. 5
6 References NABARD (2012), Commentary on the Rangarajan Committtee Report RBI (2008) Financial Inclusion, Report of the Reserve Bank of India. SLBC (2012), Progress in Implementation of Financial Inclusion Plans of Villages having a Population of over 2000, Haryana, Report on Financial inclusion. 6
7 Table 1 Coverage of Banking Services through Business Correspondent Agents Sr. No. Name of Bank Total no. of villages allotted to the Bank Villages covered through BCAs Relative share of BCAs (%) 1 Punjab National Bank State Bank of India State Bank of Patiala Central Bank of India Oriental Bank of Commerce Canara Bank Syndicate Bank Union Bank of India Punjab & Sind Bank Allahabad Bank UCO Bank Bank of India Corporation Bank Indian Bank Indian Overseas Bank Bank of Baroda Bank of Maharashtra Total (Public Sector Banks) HDFC Bank ICICI Bank Total (Private Sector Banks) HGB GGB Total (RRBs) GRAND TOTAL Source: State Level Banking Committee, Punjab National Bank, Haryana. 7
8 Table 2 Bank wise Coverage of Villages through other modes than Business Correspondent Agents Sr. Name of Bank Total no. Villages covered through other Relative No. of modes than BCAs share villages Brick & Ultra Mobile of Other allotted mortar small van Modes (a+b+c) to the branches branches (c) than BCAs Bank (a) (b) (%) 12 Punjab National Bank State Bank of India State Bank of Patiala Oriental Bank of Commerce Central Bank of India Syndicate Bank Canara Bank Union Bank of India Punjab & Sind Bank Allahabad Bank UCO Bank Bank of India Corporation Bank Indian Bank Bank of Baroda Indian Overseas Bank Bank of Maharashtra Total (Public Sector 5.7 Banks) HDFC Bank ICICI Bank Total (Private Sector Banks) HGB GGB Total (RRBs) GRAND TOTAL Source: State Level Banking Committee, Punjab National Bank, Haryana. 8
9 Sr. No. Table 4 Role of Business Correspondent Agents in Opening of Accounts Name Villages Accounts Relative share of Account opened of allotted opened villages covered by BCAs Bank to the (A) through BCAs (%) (projected) Bank (B) (A X B) 1 Punjab National Bank State Bank of India State Bank of Patiala Oriental Bank of Commerce Central Bank of India Syndicate Bank Canara Bank Union Bank of India Punjab & Sind Bank Allahabad Bank UCO Bank Bank of India Corporation Bank Indian Bank Bank of Baroda Indian Overseas Bank Bank of Maharashtra Total (Public Sector Banks) ICICI Bank HDFC Bank Total (Private Sector Banks) HGB GGB Total (RRBs) GRAND TOTAL Source: State Level Banking Committee, Punjab National Bank, Haryana. 9
IJMIE Volume 2, Issue 8 ISSN:
FINANCIAL INCLUSION PLANS (FIPs) Growing Roots in the light of good governance of RBI Pawan Sharma* Richa Tuli* Abstract: This study is an effort to investigate the status of financial inclusion in India.
More informationIndicators of Bank Profitability in India: An Analysis of Nationalised Banks
Indicators of Bank Profitability in India: An Analysis of Nationalised Banks Niharika 1 1 Ph.D. Research Scholar (UGC-JRF), Department of Economics, Panjab University, Chandigarh, India Abstract Bank profitability,
More informationSWABHIMAN State Financial Inclusion Plan Maharashtra
SWABHIMAN State Financial Inclusion Plan Maharashtra Introduction : Swabhiman is path-breaking initiative by Govt of India and banks in state to cover the economic distance between rural and urban India.
More informationFUNCTIONAL PROGRESS OF REGIONAL RURAL BANKS IN PRIORITY SECTOR LENDING: A CASE STUDY OF PUNJAB STATE
I.J.E.M.S., VOL.6 (4) 2015: 197-210 ISSN 2229-600X FUNCTIONAL PROGRESS OF REGIONAL RURAL BANKS IN PRIORITY SECTOR LENDING: A CASE STUDY OF PUNJAB STATE Kaushal Meetu Vivek High School Chandigarh, Union
More information(I) Provision of banking services to villages with population below 2000:
AGENDA ITEM NO: 01 FINANCIAL INCLUSION PLAN (FIP) OF J&K STATE: (I) Provision of banking services to villages with population below 2000: The FIP-II target for coverage of 5,582 identified unbanked villages
More informationRole Of Private Sector Banks In Financial Inclusion: A Case Study On West-Bengal
ISSN (Online): 232-9364, ISSN (Print): 232-9356 Volume 2 Issue 3 ǁ. 2 ǁ PP.38-45 Role Of Private Sector Banks In Inclusion: A Case Study On West-Bengal *Mr. SOURAV DUTTA MUSTAFI, **Mr. JOYDEEP CHAKRABORTY
More informationCPT Section C General Economics Chapter 8 Unit 2 Commercial Banks. CA.Shweta Poojari
CPT Section C General Economics Chapter 8 Unit 2 Commercial Banks. CA.Shweta Poojari Meaning of Commercial Banks Role of Commercial Banks Functions of Commercial Banks Causes of Nationalisation of Commercial
More informationDr.Brijmohan Dayma (M.Com, SET, NET, PhD., GDC&A) Head, Deptt. Of Business Economics, Dayanand College of Commerce, Latur
A COMPARATIVE STUDY OF E-BANKING TRANSACTIONS OF SELECTED NATIONALISED AND PRIVATE BANKS IN LATUR DISTRICT A Ph.D. Synopsis Submitted To The Faculty of Commerce, Swami Ramanand Teerth Marathwada University,
More informationDisclosure of information under RTI Act, 2005
Disclosure of information under RTI Act, 2005 In NHB s website, the following is already being displayed and they have been provided by the RESIDEX & Housing Policy Cell: Urban Housing o Housing Under
More informationFINANCIAL INCLUSION USING PRADHAN MANTRI JAN-DHAN YOJANA A CONCEPTUAL STUDY
FINANCIAL INCLUSION USING PRADHAN MANTRI JAN-DHAN YOJANA A CONCEPTUAL STUDY Mr. Divyesh Kumar, Research Scholar, Assistant Professor, Dayananda Sagar Academy of Technology and Management, Udayapura, Kanakapura
More informationPMJDY : A CONCEPTUAL ANALYSIS AND INCLUSIVE FINANCING Dr. Vinit Kumar*, Dolly Singh**
PMJDY : A CONCEPTUAL ANALYSIS AND INCLUSIVE FINANCING Dr. Vinit Kumar*, Dolly Singh** *Deptt. of Human Rights, School for Legal Studies, B. B. Ambedkar University, Lucknow-25 **M.Phil Scholar, Deptt. of
More informationAnalyzing Data of Pradhan Mantri Jan Dhan Yojana
Technical Report 217 Analyzing Data of Pradhan Mantri Jan Dhan Yojana Tulika Dutta and Ashish Das Department of Mathematics Indian Institute of Technology Bombay Mumbai-476, India May 217 Indian Institute
More informationROLE OF RRB IN RURAL DEVELOPMENT. G.K.Lavanya, Assistant Professor, St.Joseph scollege
ROLE OF RRB IN RURAL DEVELOPMENT G.K.Lavanya, Assistant Professor, St.Joseph scollege ABSTRACT: The importance of the rural banking in the economic development of a country cannot be overlooked. The objective
More informationAnalysis of Strategic Risk In E-Banking In India
Analysis of Strategic Risk In E-Banking In India Prof. S. Singh Department of Business Administration Chaudhary Devi Lal University, Sirsa-12505, Haryana (India) Email: profsultansingh@gmail.com Sahila
More informationINTERNATIONAL RESEARCH JOURNAL OF INDIA
FINANCIAL INCLUSION OF UNDERPRIVILEDGED A STUDY OF SOLAPUR DISTRICT D. A. V. Velankar College of Commerce, Solapur-4132 1. INTRODUCTION TO FINANCIAL INCLUSION: A sizeable majority of the population, particularly
More informationSUGGESTIONS ARE INVITED FOR IMPROVING PERFORMANCE OF PUBLIC SECTOR BANKS
SUGGESTIONS ARE INVITED FOR IMPROVING PERFORMANCE OF PUBLIC SECTOR BANKS N.B: The information provided below highlights the performance of Public Sector Banks vis-à-vis Old Private Sector Banks and New
More informationAnalysis of Non-Performing Assets(Npas) In Priority Sector: A Comparative Study of Public and Private Sector Banks
ISSN 0974-9977 Analysis of Non-Performing Assets(Npas) In Priority Sector: A Comparative Study of Public and Private Sector Dr. (Mrs.) Paramjit Nanda* Priyanka Mahajan** * Professor in Economics, Punjab
More informationAccess to Financial Services to the Rural Household Enterprises A Study of Srikakulam District, Andhra Pradesh
Access to Financial Services to the Rural Household Enterprises A Study of Srikakulam District, Andhra Pradesh Ch. Ganga Bhavani *, Prof.P. Veni** * Research Scholar, Department of Commerce and Management
More informationSelection of stock: A Practical study on Nationalised Banks
IOSR Journal of Business and Management (IOSR-JBM) e-issn: 2278-487X, p-issn: 2319-7668. Volume 15, Issue 5 (Jan. 2014), PP 43-47 Selection of stock: A Practical study on Nationalised Banks 1.RadhakrishnaNayak,
More informationIJEMR - May Vol.2 Issue 5 - Online - ISSN Print - ISSN
Role of Public Sector Banks in Microfinance - A Study of Public Sector Banks in the Southern Region of India * Dr. Sujatha Susanna Kumari. D Asst. Professor, Dept. of Commerce, School of Business Studies,
More informationABSTRACT. Keywords: Financial Inclusion, poverty, NABARD, economic growth, bank branch penetration, Financial products,
Critical appraisal of Process of Financial Inclusion and Indian Banking Sector By Dr. S. K. Pole Principal, S.B.B. alias Appasaheb Jedhe Arts, Commerce & Science College, Shukrawar Peth, Pune 411002, Maharashtra
More informationISSN NO: International Journal of Research. Page No:412. Volume VIII, Issue II, February/2019
AN APPROACH IN FINDING THE STATISTICAL CONDITIONS FOR IMPLEMENTING CAPITAL INFUSION IN THE CONTEXT RISING NPA IN PSBS Ratna Chattopadhyay Research SCHOLAR Shri JJT University Rajastha chattopas@gmail.com
More informationA STUDY ON EVALUATION OF THE PERFORMANCE OF FINANCIAL INCLUSION PLANS (FIP) OF BANKS, IN INDIA FOR THE PERIOD ( )
A STUDY ON EVALUATION OF THE PERFORMANCE OF FINANCIAL INCLUSION PLANS (FIP) OF BANKS, IN INDIA FOR THE PERIOD (2010-16) Dr. Rajeev K. Saxena Associate Professor Department of EAFM University of Rajasthan,
More informationFinancial Inclusion and India-Challenges, Opportunities
Financial Inclusion and India-Challenges, Opportunities New Horizon College, 3 RD A Cross, 2 nd A main, Kasturinagar, Bangalore-560003. Abstract In recent times Financial Inclusion and Inclusive Growth
More informationInternational Journal of Academic Research ISSN: ; Vol.3, Issue-5(2), May, 2016 Impact Factor: 3.656;
M. Sravani, Asst Professor, Dept. of MBA, Krishna University, Machilipatnam The banking sector of India has been dominating the Indian financial system. Banking sector plays a very vital role in fulfilling
More informationANALYSIS OF NON PERFORMING ASSETS IN PUBLIC SECTOR BANKS OF INDIA
International Journal of Management (IJM) Volume 8, Issue 1, January February 201, pp.21 29, Article ID: IJM_08_01_003 Available online at http://www.iaeme.com/ijm/issues.asp?jtype=ijm&vtype=8&itype=1
More informationDr. Najmi Shabbir Lecturer Shia P.G. College, Lucknow
Banking Development after Nationalization and Social Control in India (1967 To 1991) Dr. Najmi Shabbir Lecturer Shia P.G. College, Lucknow Abstract: This paper mainly analyses the impact of Nationalisation
More informationFinancial Inclusion: Role of Banks
Financial Inclusion: Role of s 1 Love Gogia Abstract The issue of financial inclusion is a development policy priority in many countries. Around 50% of the Indian population suffers from chronic poverty
More informationA Comparative Study on the CSR Activities of Public and Private Sector Commercial Banks
A Comparative Study on the CSR Activities of Public and Private Sector Commercial s Nabasmita Bordoloi 1, Dr. Kalyan Mukherjee 2 1 Research Scholar, Department of Commerce, Gauhati University and Assistant
More informationAsia Pacific Journal of Research Vol: I Issue XX, December 2014 ISSN: , E-ISSN
FINANCIAL INCLUSIVENESS IS A RIGHT EMERGING PROFITABLE MODEL IN INDIA SRIKANTH.R Research Scholar, Department of Commerce, Bangalore University, BANGALORE Dr.T. ASWATHA NARAYANA Assistant Professor & Research
More informationPerception of Bank Customers about Financial Inclusion Programmes (A Comparative Study of Punjab and Haryana)
Perception of Bank Customers about Financial Inclusion Programmes (A Comparative Study of Punjab and Haryana) Kawal Nain Singh Research Scholar, Punjabi University, Patiala Navdeep Kaur Assistant Professor,
More informationHas Bank Concentration Increased for Indian Nationalised Banks?
International Journal of Management, IT & Engineering Vol. 8 Issue 7, July 2018, ISSN: 2249-0558 Impact Factor: 7.119 Journal Homepage: Double-Blind Peer Reviewed Refereed Open Access International Journal
More informationSUMMARY FINANCIAL PERFORMANCE OF SCHEDULED COMMMERCIAL BANKS IN INDIA: AN ANALYSIS
SUMMARY FINANCIAL PERFORMANCE OF SCHEDULED COMMMERCIAL BANKS IN INDIA: AN ANALYSIS INTRODUCTION The banking sector is the lifeline of any modern economy. It is one of the important financial pillars of
More informationImpact of Securitization on Indian Banks: An Empirical Study
72 Pacific Business Review International Volume 5 Issue 9 (March) Impact of Securitization on Indian Banks: An Empirical Study Dr. Kavita Chavali *, Shemeem S** This paper aims to investigate the extent
More informationAN EVALUATION OF FINANCIAL INCLUSION
AN EVALUATION OF FINANCIAL INCLUSION 1 2 3 Mary Sunita Dutto, Namratha R D, Dr. R. Himachalapathy 1 Research Scholar, St. Joseph's College of Commerce, Bangalore 2 Research Scholar, St. Joseph's College
More informationFINANCIAL INCLUSION: PRESENT SCENARIO OF PRADHAN MANTRI JAN DHAN YOJANA SCHEME IN INDIA
FINANCIAL INCLUSION: PRESENT SCENARIO OF PRADHAN MANTRI JAN DHAN YOJANA SCHEME IN INDIA *Dr. P. Chellasamy Associate Professor, School of commerce, Bharathiar University, Coimbatore. **Mr. R. Selvakumar
More informationFinancial Inclusion & Postal Banking The India Story
Financial Inclusion & Postal Banking The India Story A Presentation by Sandip Ghose Reserve Bank of India at the UPU-AFI Workshop, Berne, Switzerland 9 th & 10 th November, 2009 Financial Inclusion : Definition
More informationPROCESS OF ONLINE TENDER FEE AND EMD PAYMENT
PROCESS OF ONLINE TENDER FEE AND EMD PAYMENT SRM ONLINE PAYMENT PROCEDURE Tender fee / EMD payment can be made in NSPCL SRM Tender portal through online module. The detailed procedure is as under;- TENDER
More informationFinancial Inclusion in India: Challenges and Opportunities Ms. Richa Aggarwal 1
Financial Inclusion in India: Challenges and Opportunities Ms. Richa Aggarwal 1 ABSTRACT A robust and strong financial system is an essential pillar of sustainable development, economic growth, and progress
More informationPRESS RELEASE. Performance driven Progress
CORPORATE OFFICE: GANDHINAGAR BANGALORE PRESS RELEASE 30.07.2012 SyndicateBank Announces its Financial Results for the quarter ended 30 th June 2012 Performance driven Progress (Q 1 of 2012 vis a vis Q
More informationResearch Guru Volume-10 Issue-2(September,2016) (ISSN: X)
Analysis of Profitability of Indian Banks: A Comparative Study of Abstract: Selected Public and Private Banks. Amit K Parmar Asst. Professor Govt. Comm. College Sec.15, Gandhinagar amitbhatera66@gmail.com
More informationVolume-11, Issue-2(September, 2017)
Volume-11, Issue-2(September, 2017) IMPACT FACTOR:3.021 PP:363to368 Performance of the Indian Banking Sector in the Basel-II and Basel-III Capital Adequacy Norms. Amit K Parmar Asst. Professor Govt. Comm.
More informationX-Efficiency of Indian Commercial Banks and their Determinants of Service Quality: A Study of Post Global Financial Crisis
13 th International Conference on Data Envelopment Analysis X- of Indian Commercial Banks and their Determinants of Service Quality: A Study of Post Global Financial Crisis Gagandeep Sharma Dr. Divya Sharma
More informationBANK EXAMS GENERAL AWARENESS
BANK EXAMS GENERAL AWARENESS 1. The Regional Rural Banks were established in... 1) 1935 2) 1955 3) 1982 4) 1921 5) 1975 2. RRB Act was passed in... with a view to develop the rural economy by providing,
More informationPerformance of Non-Performing Assets in India Concept, trend and Impact ( )
Performance of Non-Performing Assets in Concept, trend and Impact (2005-17) Dr. Shrawan Kumar Mishra, Vivek Rajbahadur Singh H.O.D. of Economics and Ph.D. Research Guide, K.P.B. Hinduja college of Commerce
More informationFINANCIAL INCLUSION AND ECONOMIC GROWTH
FINANCIAL INCLUSION AND ECONOMIC GROWTH Associate Professor & HOD, Banking & Finance Poona College of Arts, Science & Commerce, Camp, Pune-1 Savitribai Phule Pune University. (MS) INDIA Economic growth
More informationI, ROLE OF BANKING SECTOR IN FINANCIAL INCLUSION M.
ROLE OF BANKING SECTOR IN FINANCIAL INCLUSION M. Mala* & Dr. G. Vasanthi** * Ph.D Research Scholar Cum Special Officer, Department of Commerce, Annamalai University, Chidambaram, Tamilnadu ** Professor
More informationThe position of Gross NPAs and Net NPAs in PSBs as at 31/03/2017
ALL INDIA BANK OFFICERS CONFEDERATION (Registered under the Trade Unions Act 1926, Registration No.:3427/Delhi) State Bank of India Officers Association 04 th Floor, SBI Administrative Unit, No. 86, Rajaji
More informationAWARENESS OF FINANCIAL INCLUSION ON TRIBAL PEOPLE IN DHARMAPURI DISTRICT
AWARENESS OF FINANCIAL INCLUSION ON TRIBAL PEOPLE IN DHARMAPURI DISTRICT Mr. C. ANNAMALAI Ph.D Research Scholar, Department of Commerce, Annamalai University, Annamalainagar, Chidambaram, Tamil Nadu. Dr.
More informationGENERAL AWARENESS CHANGING ROLE OF BANKS IN INDIA
SBI PROBATIONARY OFFICERS GENERAL AWARENESS CHANGING ROLE OF BANKS IN INDIA Role of banks in India has changed a lot since economic reforms of 1991. These changes came due to liberalization, privatization
More informationMicrofinance: A Tool of Poverty Alleviation with Bank Linkage Programme in Himachal Pradesh
Microfinance: A Tool of Poverty Alleviation with Bank Linkage Programme in Himachal Pradesh - Mr. Rishi Kant * - Mr. Suyash Mishra ** - Ms. Swati Singh *** Abstract Microfinance sector has traversed a
More informationNon-Performing Assets - Status And Impact
Non-Performing Assets - Status And Impact Ms. Laveena Mehta Assistant Professor, Chitkara University, Research Scholar, Punjab Technical University Avneet Singh Student, Chitkara University, Punjab Abstract:
More informationANALYSIS OF EARNING QUALITY OF PUBLIC SECTOR BANK: A STUDY OF SELECTED BANKS
Available online at : http://euroasiapub.org/current.php?title=ijrfm, pp. 103~110 Thomson Reuters ID: L-5236-2015 ANALYSIS OF EARNING QUALITY OF PUBLIC SECTOR BANK: A STUDY OF SELECTED BANKS Anju Saharan
More informationNorms on eligibility, empanelment and selection of Statutory Central Auditors in Public Sector Banks from the year and onwards
Norms on eligibility, empanelment and selection of Statutory Central Auditors in Public Sector Banks from the year 2017-18 and onwards i) The audit firm shall have a minimum of 7 full time chartered accountants,
More informationOn service charges of the banks in India
Technical Report 2010 http://dspace.library.iitb.ac.in/jspui/handle/10054/1730 On service charges of the banks in India Amrita Ganguly and Ashish Das Department of Mathematics Indian Institute of Technology
More informationChapter 8. Supply Side Survey
Chapter 8 Supply Side Survey Phatowali 179 8. Supply Side Survey 8.1. INTRODUCTION : The main player in the supply side of Financial Inclusion in India is the banking system. Bank branches are the focal
More informationPerception of Lead Bank Managers about Financial Inclusion Programmes (A Comparative Study of Punjab and Haryana)
Perception of Lead Bank Managers about Financial Inclusion Programmes (A Comparative Study of Punjab and Haryana) Dr.Harpreet Kaur Assistant Professor, Department of Commerce Punjabi University,Patiala
More informationVolume 1, Issue 6 (August, 2013) INTERCONTINENTAL JOURNAL OF FINANCE RESEARCH REVIEW. A Peer Reviewed International Journal IJFRR
A Peer Reviewed International Journal IJFRR INTERCONTINENTAL JOURNAL OF FINANCE RESEARCH REVIEW THE EFFECTIVENESS OF THE FINANCIAL INCLUSION PROGRAM FOR INCLUSIVE GROWTH IN INDIA Dr.T. ASWATHA NARAYANA
More informationBANKING AWARENESS MATERIALS PART-I
BANKING AWARENESS MATERIALS PART-I ALL THE BEST... P r e p a r e d b y S H I N E S C H O O L O F B A N K I N G Page 1 TYPES OF BANKS:- 1. Nationalized banks (PSB s) 2. Scheduled banks (Private SB s) 3.
More informationAn Analysis of Earnings Quality among Nationalised Commercial Banks
An Analysis of Earnings Quality among Nationalised Commercial Banks Dr. Surinder Singh Kundu 1 and Mr. Deepak Kumar Sharma 2 Abstract Performance of the economy of any country is largely depends on the
More informationCHAPTER 3 PROFILE OF THE SAMPLE RESPONDENTS
CHAPTER 3 PROFILE OF THE SAMPLE RESPONDENTS 3.1 Introduction: The Objective of this chapter is to analyze the profile of the sample respondents. This in turn will help to understand the nature and structure
More informationPERFORMANCE EVALUATION AND CUSTOMERS PERCEPTION TOWARDS SERVICES OF PUBLIC AND PRIVATE SECTOR BANKS IN VIRUDHUNAGAR DISTRICT
PERFORMANCE EVALUATION AND CUSTOMERS PERCEPTION TOWARDS SERVICES OF PUBLIC AND PRIVATE SECTOR BANKS IN VIRUDHUNAGAR DISTRICT Mrs. N.VIJAYALAKSHMI Assistant Professor (SF), Department of Commerce, V.H.N.S.N.
More informationGROWTH AND PERFORMANCE OF CORE BANKING IN VIRUDHUNAGAR DISTRICT
GROWTH AND PERFORMANCE OF CORE BANKING IN VIRUDHUNAGAR DISTRICT Dr.S.Velmani M.Com., M.Phil., Ph.D, Assistant Professor of Commerce (CA), Ayya Nadar Janaki Ammal College (Autonomous), Sivakasi A.Chella
More informationA study of financial performance: a comparative analysis of axis and ICICI bank
International Journal of Multidisciplinary Research and Development Online ISSN: 2349-4182, Print ISSN: 2349-5979 Impact Factor: RJIF 5.72 www.allsubjectjournal.com Volume 4; Issue 11; November 2017; Page
More informationA Study on Non Performing Assets of Select Public and Private Sector Banks Challenges, Innovations & Strategies
A Study on Non Performing Assets of Select Public and Private Sector Banks Challenges, Innovations & Strategies Prof I.Babu Rathinam, Associate Professor and Head, Department of Corporate Secretaryship,
More informationINDIAN BANKING SYSTEM (UNIT-4) REGIONAL RURAL BANKS IN INDIA (PART-1)
INDIAN BANKING SYSTEM (UNIT-4) REGIONAL RURAL BANKS IN INDIA (PART-1) 1. INTRODUCTION Hello viewers welcome to the lecture series on Indian Banking System. Today we shall take up unit 4 and we shall discuss
More informationAnalysis of Productivity of Indian Banks: A Comparative Study of Selected Public and Private Banks
Analysis of Productivity of Indian Banks: A Comparative Study of Selected Public and Private Banks Amit K Parmar Asst. Professor Govt. Comm. College Sec.15, Gandhinagar Abstract:- Dr. A. R. Kulkarni Co-Guide
More informationCRISIL SME Ratings: Facilitating Growth and Access to Finance for MSMEs
Presentation to ICAI Western India Regional Council, Mumbai CRISIL SME Ratings: Facilitating Growth and Access to Finance for MSMEs Yogesh Dixit Director-SME Ratings, CRISIL Somasekhar Vemuri Director-Criteria
More informationBharat Bill Payment System: Note for Agent Institutions
BBPS A Brief Introduction BBPS stands for Bharat Bill Payment System. The Bharat bill payment system is a Reserve Bank of India (RBI) conceptualised system driven by National Payments Corporation of India
More informationImpact of Performance Parameters on Customers Satisfaction level of Bancassurance Services in Public and Private Sector Banks
Impact of Performance Parameters on Customers Satisfaction level of Bancassurance Services in Public and Private Sector Banks Ms. Nancy Arora 1, Dr. Arti Gaur 2 1.Ph.D, Research Scholar - Department of
More informationA Comparative Analysis of Nonperforming Assets Management in Nationalised Banks of India (For the period to )
Volume-7, Issue-1, January-February 2017 International Journal of Engineering and Management Research Page Number: 176-183 A Comparative Analysis of Nonperforming Assets Management in Nationalised Banks
More informationRemedies to Challenges Facing by Commercial Banks with Payments banks
Airo International Research Journal February, 2017 Volume IX, ISSN: 2320-3714 Remedies to Challenges Facing by Commercial Banks with Payments banks Mr. S Tulasi Ram 1 Assistant Professor, School of Management
More informationPublic Sector Banks Private Sector Banks 9 26 Co-operative Banks 1 14 Total
SL NO. COMMERCIAL & COOPERATIVE BANKS OPERATING IN SIKKIM NETWORK OF BANK BRANCHES As on 30.06.2017 NUMBER OF BRANCHES OF THE BANK TOTAL RURAL SEMI URBAN 1 STATE BANK OF INDIA 34 29 5 2 CENTRAL BANK OF
More informationAiro International Research Journal February, 2017 Volume IX, ISSN:
1 A STUDY ON FINANCIAL INCLUSION THROUGH PMJDY Rashmi Joshi Assistant Professor, Department of Commerce, DM College, Moga, Punjab, India Declaration of Author: I hereby declare that the content of this
More informationCapital Adequacy Norms under BASEL Frame work : Impact on Indian Banking with Special Reference to State Bank of India, Jharkhand
Jharkhand Journal of Social Development, Vol. IV, No. 1 & 2, 2012, ISSN 0974 651x Capital Adequacy Norms under BASEL Frame work : Impact on Indian Banking with Special Reference to State Bank of India,
More informationROLE OF BUSINESS CORRESPONDENTS IN BANKING SECTOR ACTIVITIES
ROLE OF BUSINESS CORRESPONDENTS IN BANKING SECTOR ACTIVITIES K.Subha, Research Scholar, Alagappa Institute of Management, Alagappa University Karaikudi Abstract The RBI has permitted banks to use the services
More informationZERO TOLERANCE AGAINST CORRUPTION 1
August 08, 2018 ZERO TOLERANCE AGAINST CORRUPTION 1 Central Bureau of Investigation (CBI) has intimated that a total of 273 (268 Regular Cases (RCs) + 05 Preliminary Enquiry (PE)) cases have been registered
More informationCustomers providing benefit to banks through usage of ATM and EDC machines. Ashish Das 1
Customers providing benefit to banks through usage of ATM and EDC machines Ashish Das 1 Department of Mathematics, Indian Institute of Technology Bombay, Mumbai-400076, India and Department of Statistics,
More informationCOMPARATIVE STUDY ON PSB AND HDFC BANK
COMPARATIVE STUDY ON PSB AND HDFC BANK Reepu USB, Chandigarh University, Gharuan (India) ABSTRACT The dawn of tech induced Indian banking sector with enormous developments. A diverse sector with contributions
More informationA STUDY ON FINANCIAL INCLUSION PLANS OF SCHEDULED COMMERCIAL BANKS IN INDIA
A STUDY ON FINANCIAL INCLUSION PLANS OF SCHEDULED COMMERCIAL BANKS IN INDIA Dr. M. Anbalagan, M.Com, M. Phil, B.Ed. Ph.D. Assistant Professor in Commerce Kalasalingam University, Krishnankoil & Prof. M.
More informationOnline Exam Fee Payment Instructions
Online Exam Fee Payment Instructions Semester Exam Fees for April 2016 will be collected through online payments in the college website www.sdnbvc.com from 1st april 2016 to 10th april 2016. Follow the
More informationALTMAN MODEL AND FINANCIAL SOUNDNESS OF INDIAN BANKS
International Journal of Accounting and Financial Management Research (IJAFMR) ISSN 2249-6882 Vol. 3, Issue 2, June 2013, 55-60 TJPRC Pvt. Ltd. ALTMAN MODEL AND FINANCIAL SOUNDNESS OF INDIAN BANKS NISHI
More information1 Assistant Professor, Govt. P.G. College, Bhiwani, Haryana
Financial Inclusion - Role of Indian Banks in Reaching Out to the Unbanked and Backward Areas Preeti 1 Abstract A nation can grow economically and socially if it s weaker section can turn out to be financial
More informationJournal of Advance Management Research, ISSN:
INTRODUCTION FINANCIAL PERFORMANCE OF PUBLIC AND PRIVATE SECTORS BANKS IN INDIA Cheenu Goel Research Scholar, I.K.Gujral Punjab Technical University, Jalandhar Dr. K.N.S Kang Director General, PCTE Group
More informationCHAPTER 5 DATA ANALYSIS & INTERPRETATION
CHAPTER 5 DATA ANALYSIS & INTERPRETATION 180 5.1 CAPITAL RISK ADEQUACY RATIO: CRAR is a ratio of Capital Fund to Risk Weighted Assets. Reserve Bank of India prescribes banks to maintain a minimum Capital
More informationAiro International Research Journal ISSN: March, 2017 Volume IX
1 Impact of Demonetization on Financial inclusion D. VENKAIAH M.Com;M.B.A;M.Phil; (PhD) Research Scholar G.Pulla Reddy Degree & P.G College Abstract Demonetization causes inconvenience for initial few
More informationIndian Regional Rural Banks Growth and Performance
Indian Regional Rural Banks Growth and Performance Syed Mahammad Ghouse ghouse.marium@gmail.com Narayana Reddy tnreddy.jntua@gmail JNTU College of Engineering Regional rural Banks play a vital role for
More informationA note on demand draft charges levied by banks in India
Technical Report 2010 A note on demand draft charges levied by banks in India Ashish Das, Rajeev Kumar and Prasanna Kumar Department of Mathematics Indian Institute of Technology Bombay Mumbai-400076,
More informationPRODUCTIVITY ANALYSIS OF INDIAN COMMERCIAL BANKS: A COMPARATIVE STUDY OF PUBLIC PRIVATE AND FOREIGN SECTOR BANKS R. K. UPPAL 1 & RUPANI 2
International Journal of Economics, Commerce and Research (IJECR) ISSN(P): 2250-0006; ISSN(E): 2319-4472 Vol. 7, Issue 2, Apr 2017, 1-8 TJPRC Pvt. Ltd. PRODUCTIVITY ANALYSIS OF INDIAN COMMERCIAL BANKS:
More informationE- ISSN X ISSN MICRO FINANCE-AN IMPERATIVE FOR FINANCIAL INCLUSION IN INDIA
MICRO FINANCE-AN IMPERATIVE FOR FINANCIAL INCLUSION IN INDIA Dr.K.Jayalakshmi PDF(ICSSR),Dept. of Commerce,S.K.University, Anantapur. Andhra Pradesh. Abstract Financial inclusion is a flagship programme
More informationPERFORMANCE EVALUATION OF COOPERATIVE BANKS OF PUNJAB: AN APPLICATION OF CAMEL MODEL IN TERMS OF CAPITAL ADEQUACY AND ASSET QUALITY
PERFORMANCE EVALUATION OF COOPERATIVE BANKS OF PUNJAB: AN APPLICATION OF CAMEL MODEL IN TERMS OF CAPITAL ADEQUACY AND ASSET QUALITY Dr. Sukhmani Waraich 1, Anu Dhawan 2 1 Assistant Professor, K.C.L.I.M.T.,
More informationSegment -1 (Background)
Segment -1 (Background) Pradhan Mantra Jan Dhan Yojana (PMJDY) Commencement of Financial Inclusion Plan in India-Background Financial Inclusion has always remained the focused area of the Government of
More informationFinancial Inclusion: Issues and Prospects
Pacific Business Review International 84 Pacific Volume Business 5 Issue Review 3 (September International 2012) Financial Inclusion: Issues and Prospects PROF. N.S RAO*, MRS. HARSHITA BHATNAGAR** Strong
More informationRole of Banks in Financial Inclusion
60 Role of Banks in Financial Inclusion Neha Garg, Student of M. Com., Department of Commerce, Kurukshetra University, Kurukshetra ABSTRACT Financial inclusion is the buzz word in the current economy in
More informationHelp Manual for Skill Knowledge Provider. Process Overview.2. User Registration and Payment Process.3
Table of Contents Process Overview.2. User Registration and Payment Process.3 Login to AICTE web portal with the User ID and Password provided on e-mail... 12.12 Creating New Application...15 Attachment
More informationAssistant Professor in University College,K.U.K.
Research Paper Commerce Performance Evaluation of Public And Private Sector Banks In India: A Comparative Study Amandeep Kaur Hundal Moira Singh Assistant Professor in University College,K.U.K. Student,
More informationIDBI Bank Ltd. Financial Inclusion : Achievements
Background IDBI Bank Ltd. Financial Inclusion : Achievements 2013-14 The Government of India, in concert with the Reserve Bank of India, has embarked upon the mission of fostering inclusive growth in the
More informationGuidelines on appointment of statutory auditors in public sector banks
Guidelines on appointment of statutory auditors in public sector banks Based on the recommendations of a Working Group (WG) to review the norms for empanelment of statutory auditors for public sector banks
More informationCHAPTER-2 REVIEW OF LITERATURE
CHAPTER-2 REVIEW OF LITERATURE Banks play a significant role in financing the economic needs of the country. To compete effectively in present day competitive world, banks have been permitted to undertake
More informationPERFORMANCE OF LEAD BANK SCHEME IN VIRUDHUNAGAR DISTRICT OF TAMILNADU
PERFORMANCE OF LEAD BANK SCHEME IN VIRUDHUNAGAR DISTRICT OF TAMILNADU A.Surendran 1 and Dr. B.Manoharan 2 1 Assistant Professor in Commerce, Rajapalayam Rajus College, Rajapalayam Email: surendran.ayyan@gmail.com
More information