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Formal financial outreach in rural India

By: Pal, Debdatta.
Material type: materialTypeLabelBookPublisher: Economic & Political Weekly Description: 57(29), Jul, 16, 2022: p.99-106. In: Economic & Political WeeklySummary: The conventional wisdom is that opening up new branches is the best way to extend outreach of the formal financial sector to rural areas. Using a survey data set, this paper challenges the conventional view by concluding that relatively resource-rich rural households from distant locations availed multiple loans from formal lenders rather than the households located closer to them as often believed.- Reproduced
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Articles Articles Indian Institute of Public Administration
57(29), Jul, 16, 2022: p.99-106 Available AR127493

The conventional wisdom is that opening up new branches is the best way to extend outreach of the formal financial sector to rural areas. Using a survey data set, this paper challenges the conventional view by concluding that relatively resource-rich rural households from distant locations availed multiple loans from formal lenders rather than the households located closer to them as often believed.- Reproduced

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