Assessing Linkage between Community and Financial Inclusion in India

Siddiqui, Taufeeque; Siddiqui, Kashif Iqbal

Assessing Linkage between Community and Financial Inclusion in India

Siddiqui, T. A., & Siddiqui, K. I. (2018). Assessing Linkage Between Community and Financial Inclusion in India. Journal of Commerce and Management Thought, 9(1), 111-119.

9 Pages Posted: 7 Jun 2019

See all articles by Taufeeque Siddiqui

Taufeeque Siddiqui

Centre for Management Studies, Jamia Millia Islamia (Centre University), New Delhi, India

Kashif Iqbal Siddiqui

Jamia Millia Islamia

Date Written: November 3, 2018

Abstract

Financial Inclusion consists of the steps towards including vulnerable groups in financial services at an affordable cost. The present study is based on impact of caste and religion, taken as two independent Variables, on the number of accounts opened with the bank, keeping education as controlled variable. ANCOVA (Analysis of Covariance) is used for investigating the relationship. Data is collected randomly from 200 households of two villages of Madhubani District of Bihar. The results reveal that there is significant impact of caste and religion on number of bank accounts possessed by a household. Hence, the government should work for inclusive policy to cover entire strata of the society.

Keywords: ANCOVA, Caste, Religion, Financial Inclusion, Bihar

Suggested Citation: Suggested Citation

Siddiqui, Taufeeque and Siddiqui, Kashif Iqbal, Assessing Linkage between Community and Financial Inclusion in India (November 3, 2018). Siddiqui, T. A., & Siddiqui, K. I. (2018). Assessing Linkage Between Community and Financial Inclusion in India. Journal of Commerce and Management Thought, 9(1), 111-119., Available at SSRN: https://ssrn.com/abstract=3277856