000			01261pab a2200157 454500
008			180718b2005 xxu||||| |||| 00| 0 eng d
100			_aMor, Nachiket
245			_aExpanding access to financial services: where do we go from here?
260			_c2005
300			_ap.1122-127.
362			_a19 Mar
520			_aDespite a plethora of initiatives, it is estimated that over 500 million people in India continue to have no access to financial services. While ensuring the accessibility of such services does not constitute the sole panacea for economic growth, there are definite causal links between ensuring such increased access, growth and poverty reduction. To make real progress on this front, India needs to redraft its current approach to providing financial services. Steps that are tailored to meet local needs for finance need to be worked out by drawing on past experiences and studying those adopted by other countries. However, three steps are vital as preliminary requirements, (i) increased sophistication in bank regulation, (ii) development of basic financial services infrastructure, and (iii) an adaptive regulatory framework. - Reproduced.
650			_aFinancial institutions
773			_aEconomic and Political Weekly
909			_a64537
999			_c64537 _d64537