Financial Inclusion Through Micro Finance in India and Emerging Role of POSB: An Analysis

19 Pages Posted: 9 Aug 2010

See all articles by Dr. Amlan Ghosh

Dr. Amlan Ghosh

NIT Durgapur, India; IBS Hyderabad; Sikkim University

Date Written: August 9, 2007

Abstract

Since the opening up of the economy and reforms in the banking sector in India, rural finance is in back foot. To keep the momentum of the growth at present level India needs to serve the financial need of the excluded masses to bring them into the main stream of developmental process. This article examines the problems of formal banking in providing credit (micro) to the poor of rural and urban areas in the present era and suggests that the POSB can be used to cater the financial need of rural India where MFIs have very little presence in total demand of finance.

Keywords: Micro Finance, India Post, POSB, SWOT

Suggested Citation

Ghosh, Dr. Amlan, Financial Inclusion Through Micro Finance in India and Emerging Role of POSB: An Analysis (August 9, 2007). Available at SSRN: https://ssrn.com/abstract=1655737 or http://dx.doi.org/10.2139/ssrn.1655737

Dr. Amlan Ghosh (Contact Author)

NIT Durgapur, India ( email )

Durgapur
India

IBS Hyderabad ( email )

Donthanapally
Shankarapalli Road
Hyderabad, TX 501203
India

Sikkim University ( email )

6th Mile
Gangtok, 737102
India

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
779
Abstract Views
4,663
rank
39,756
PlumX Metrics