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Perspective of Technology in Achieving Financial Inclusion in Rural India

✍ Scribed by Bansal, Shashank

Book ID
125794198
Publisher
Elsevier
Year
2014
Tongue
English
Weight
451 KB
Volume
11
Category
Article
ISSN
2212-5671

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## Abstract Given their physical presence in India, banks are arguably well‐placed to improve financial inclusion in rural areas. However, uncertain repayment capacities and high transaction costs mean formal financial institutions are often reluctant to lend to the rural poor. Conversely, high tra