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Demystifying the Financial Inclusion Penetration by Customised Financial Instruments - A Demand Side Study Done on Rural Customers of India

机译:通过定制金融工具揭开金融普惠性渗透的神秘面纱-针对印度农村客户的需求侧研究

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摘要

The microfinance sector in India witnessed mushrooming growth during the period 2010-11.The growth rate declined after the microfinance crisis. The high interest rate and huge bad debts attributes the micro-finance crisis. To get rid of the crisis the microfinance institutions in India introduced new financial products. Even then the growth rate is in a sluggish trend. Therefore, Indian policy makers are forced to evolve new financial products. In this context, we explores the viability of introducing new financial products bundled with non- financial products to penetrate the microfinance schemes. We explore the possibilities of integrating the financial inclusion schemes with microfinance products. We organised the research in three phases and justified it with case studies. We suggest that new financial products can be evolved by considering the occupational network of the clients and it is possible to integrate them with the financial inclusion schemes of Indian government.
机译:印度的小额信贷部门在2010-11年度出现了迅猛增长的趋势。小额信贷危机之后,增长率下降。高利率和巨大的呆账导致了小额信贷危机。为了摆脱危机,印度的小额信贷机构推出了新的金融产品。即使这样,增长率仍处于低迷趋势。因此,印度决策者被迫发展新的金融产品。在这种情况下,我们探索引入与非金融产品捆绑在一起的新金融产品以渗透小额信贷计划的可行性。我们探索将金融普惠计划与小额信贷产品整合的可能性。我们将研究分为三个阶段,并通过案例研究对其进行论证。我们建议可以通过考虑客户的职业网络来开发新的金融产品,并且有可能将其与印度政府的金融普惠计划相结合。

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