FINANCIAL INCLUSION IN INDIA Even after 60 years of independence‚ a large section of Indian population still remains unbanked. This malaise has led generation of financial instability and pauperism among the lower income group who do not have access to financial products and services. However‚ in the recent years the government and RBI have been pushing the concept and idea of financial inclusion. WHAT IS FINANCIAL INCLUSION? Financial inclusion is the delivery of financial services at affordable
Premium Bank Financial services
Indian independence act India gained independence in 1947. In the first half of the 20th century‚ having been the "Jewel in the Crown" of the British Empire‚ India became the first part of that Empire to secure separate nationhood and independence. The Parliamentary Archives holds a variety of records which document the relationship between the United Kingdom and India‚ including photographs of Indian Army Officers on the Terrace on the occasion of the coronation of Edward VII in 1902‚ and papers
Premium British Raj United Kingdom British Empire
Indian independence movement From Wikipedia‚ the free encyclopedia Colonial India British Indian Empire Imperial entities of India Dutch India 1605–1825 Danish India 1620–1869 French India 1769–1954 Portuguese India (1505–1961) Casa da Índia 1434–1833 Portuguese East India Company 1628–1633 British India (1612–1947) East India Company 1612–1757 Company rule in India 1757–1858 British Raj 1858–1947 British rule in Burma 1824–1948 Princely states 1721–1949 Partition of India 1947
Premium Indian independence movement British Raj India
The Role of Financial Intermediaries and Financial Markets FOCUS OF THE CHAPTER This chapter provides an analysis of the roles and importance of financial institutions and financial markets‚ two important parts of the financial system. A broad classification of Canadian financial institutions is presented with an historical overview. Some basic classifications of financial markets are described. The chapter ends with an evaluation of the importance of the financial system to the Canadian economy
Premium Financial services Financial market Investment
Financial Market and Financial Instruments Market is simply defined as an area for potential exchanges. Thus market is a group of buyers and sellers interested in negotiating the terms of purchase or sales of goods and services. Similarly‚ financial market is that market is traded- loaned or borrowed-in-terms of different financial assets or instruments stocks and bonds are traded. "Securities" means shares‚ stock‚ bond‚ debenture‚ debenture stock issued by a corporate body or a certificate to unit
Premium Stock Bond Stock market
The financial crisis and the future of financial regulation Executive summary The outburst of the global financial crisis caused by the subprime crisis in America makes it necessary to adjust the financial regulation systems. The main financial crises in the history of the mankind were all mainly caused by the defects of the financial regulation in the world. Thus it can be seen that it is very necessary and important to explore the effective means to improve the effectiveness of the international
Premium Economics Subprime mortgage crisis Financial crisis
1.Under what conditions may a people alter or abolish their government? People may abolish their government in the event that‚ their rights are violated by the government. When the government how to much power and the people no longer feel safe‚ then we may take action and alter or abolish the government. 2. Why does Jefferson consider King George a tyrant? Jefferson considers King George a tyrant because he is unjust‚ selfish‚ and uses his power without consideration for the people
Premium United States Declaration of Independence
staff members to meet that responsibilities. Slide #2 Speaker’s notes Independence is the foundation of internal audit‚ the internal audit activity must be free from interference in determining the scope of internal auditing ‚ performing work and communicating results. Independence can be achieved with frequent communication and unrestricted access to Chief Executive and Senior Management.. With greater independence internal auditors could coordinate audit coverage more effectively and leverage
Premium Auditing Internal audit Financial audit
REPORT OF THE COMMITTEE ON FINANCIAL INCLUSION January 2008 Preface Access to finance by the poor and vulnerable groups is a prerequisite for poverty reduction and social cohesion. This has to become an integral part of our efforts to promote inclusive growth. In fact‚ providing access to finance is a form of empowerment of the vulnerable groups. Financial inclusion denotes delivery of financial services at an affordable cost to the vast sections of the disadvantaged and low-income groups
Premium Bank Financial services
Financial Institution In financial economics‚ a financial institution is an institution that provides financial services for its clients or members. Probably the most important financial service provided by financial institutions is acting as financial intermediaries. Most financial institutions are regulated by the government. Broadly speaking‚ there are three major types of financial institutions: Depositary Institutions : Deposit-taking institutions that accept and manage deposits and make loans
Premium Financial services Bank