Improving Access to Finance for India's Rural Poor

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Priya Basu - Improving Access to Finance for India's Rural Poor
World Bank Publications | 2006 | ISBN: 0821361465 | Pages: 152 | PDF | 1 MB


Finance is an extraordinarily effective tool in spreading economic opportunity and fighting poverty. India has a relatively deep financial system and wide network of rural banks. But India?s financial markets and institutions have not served poor people well; despite improvements in the delivery of financial services over the past three decades, the vast majority of India?s poor households, who are concentrated in rural areas, do not have access to formal finance.

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