Small Finance Banks and Financial Inclusion in India

Vol-4 | Issue-03 | March 2019 | Published Online: 13 March 2019    PDF ( 202 KB )
T. Ravikumar 1

1Associate Professor, Dept. of Management Studies, Christ University, Hosur Road, Bengaluru – 560 029 (India)


Small Finance Banks are recent banking initiative of Reserve Bank of India towards promotion of financial inclusion in India. Ten Small Finance banks operate actively across India and most of them got scheduled bank status. Small Finance Banks have a lot of challenges in terms of branch establishment, lending, deposit mobilization and operating expenses. The Small Finance banks need to survive and sustain despite all the challenges mentioned and to meet the objective of existence – Financial Inclusion. This article studies about Small Finance banks’ evolution and their performance.

Small Finance Banks, Performance, Penetration, India, Financial Inclusion.
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