eBook

Improving access to finance for India's rural poor

Basu, Priya

2006

Overview

Finance is an extraordinarily effective tool in spreading economic opportunity and fighting poverty. India has a relatively deep financial system and wide network of rural banks. But India?s financial markets and institutions have not served poor people well; despite improvements in the delivery of financial services over the past three decades, the vast majority of India?s poor households, who are concentrated in rural areas, do not have access to formal finance. Improving Access to Finance for India's Rural Poor examines the current level and pattern of access to finance for India?s rural households, evaluates various approaches for delivering financial services to the rural poor, analyzes what lies behind the lack of adequate financial access for the rural poor, and identifies what it would take to improve access to finance for India?s rural poor. Based on the analysis of a large-scale rural household survey, in combination with an evaluation of the role of financial markets and institutions, this title also examines different forms of financial service provision, including formal, informal and microfinance, raises questions about approaches used so far to address financial exclusion, and makes recommendations for policy advisors and financial service providers on how to scale-up access to finance for India?s rural poor, to meet their diverse financial needs (savings, credit, insurance against unexpected events, etc.), in a commercially sustainable manner. Its conclusions will be of interest to anyone involved in economic policy, finance or microfinance, poverty analysis, and poverty reduction.

• Publisher: World Bank,World Bank Publications,The World Bank,Washington, DC: World Bank
• Subject: Access to credit / ADVERSE SELECTION / AGRICULTURAL CREDIT / APEX / ASSET CLASSIFICATION / BANK ACCOUNTS / BANK ASSETS / BANK BRANCHES / BANK INDONESIA / BANKING CRISES / BANKING SECTOR / BANKS / BROKERS / CAPITAL ADEQUACY / CAPITAL BASE / CAPITAL REQUIREMENTS / CEO / CHIEF EXECUTIVE / COLLATERAL / COMMERCIAL BANK / COMMERCIAL BANKS / COMMERCIAL BORROWING / COMPANY / COOPERATIVE BANKS / COOPERATIVES / CORPORATION / DEBT / DEFAULT RISK / DEPOSIT ACCOUNTS / DEPOSIT MOBILIZATION / DEPOSITS / DEREGULATION / Development economics / Finance / Finance -- India / FINANCE COMPANIES / FINANCIAL DATABASES / FINANCIAL DISTRESS / FINANCIAL INSTITUTION / FINANCIAL INSTITUTIONS / Financial institutions -- India / FINANCIAL INTERMEDIATION / FINANCIAL SERVICES / FINANCIAL SYSTEMS / FINANCIAL TRANSACTIONS / FISCAL DEFICITS / FORMAL FINANCE / FORMAL­INFORMAL LINKAGES / GOVERNMENT INTERVENTION / HOUSEHOLD DEBT / INCENTIVE FRAMEWORK / INCOME DISTRIBUTION / India / Indien / INDIVIDUALS / INFORMAL FINANCE / INSTITUTIONAL ENVIRONMENT / INSTITUTIONAL STRUCTURES / INSURANCE / INTEREST RATES / INVESTIGATION / LAWS / LEGAL FRAMEWORK / LIMITED / LIQUIDITY / LIQUIDITY RATIO / Ländliche Armut / Ländliches Finanzsystem / MANAGEMENT INFORMATION SYSTEMS / MARKET DISCIPLINE / MERGERS / MFI / MICROCREDIT / MICROCREDIT LOANS / MICROFINANCE / Microfinance -- India / MICROFINANCE INSTITUTION / MICROFINANCE INSTITUTIONS / MICROFINANCE PRACTITIONERS / MICROFINANCE SECTOR / Mikrofinanzierung / MORAL HAZARD / NATIONAL BANK / NATIONALIZATION / NON-GOVERNMENTAL ORGANIZATION / NON-GOVERNMENTAL ORGANIZATIONS / OUTREACH / PACS / PARTNERSHIP / Poor / POOR HOUSEHOLDS / PORTFOLIOS / PRIVATE BANKS / PROFITABILITY / PRUDENTIAL REGULATION / REGIONAL RURAL BANKS / REGULATORY FORBEARANCE / REGULATORY FRAMEWORK / RESERVE BANK OF INDIA / RETURN ON ASSETS / RISK MANAGEMENT / RURAL BANKS / RURAL CREDIT / RURAL FINANCE / RURAL FINANCE INSTITUTIONS / Rural poor / Rural poor -- India / Rural poverty / SAVINGS / SAVINGS ACCOUNTS / SECURITIES / SMALL LOANS / SOCIETIES / SOCIETY / SPONSOR / STAKEHOLDERS / SUBSIDIARY / SUBSIDIZED CREDIT / SUSTAINABILITY / TRANSACTION COSTS / VULNERABILITY
• ISBN: 0821361465, 9780821361467, 0821361473, 9780821361474