Current issue
News
From the Editors June 2022
Invitation
From the Editors September 2022
From the Editors November 2022
From the Editors January 2023
From the Editors March 2023
From the Editors September 2023
From the Editors December 2023
From the Editors September 2024
Archive
About the journal
About us
Focus and Scope
Editorial Team
Open Access Policy
Indexing and points
Contact
Subscription - print version of the journal
Business Model
Ethics statement
ORIGINAL ARTICLE
ASSESSING THE EXTENT OF FINANCIAL INCLUSION
THROUGH BANK OFFICE EXPANSION IN HARYANA
1
Chaudhary Devi Lal University, Department of Economics, Sirsa, India
These authors had equal contribution to this work
Submission date: 2024-01-18
Final revision date: 2024-02-06
Acceptance date: 2024-02-08
Online publication date: 2024-03-28
Publication date: 2024-03-28
Corresponding author
Economic and Regional Studies 2024;17(1):133-148
KEYWORDS
JEL CLASSIFICATION CODES
G50
TOPICS
ABSTRACT
Subject and purpose of work: The study presents a comprehensive analysis of the banking
sector in Haryana from 2007 to 2022. Materials and methods: The study is based on secondary data. The number of bank branches,
deposits, and credits in the state are just a few economic indicators covered in the Statistical
Abstract of Haryana. The compound growth rate is calculated to assess the growth of a bank. Results: The findings reveal a consistent rising trend in bank branches, credit and deposits of
commercial banks. Notable trends include increasing bank branches, a surge in deposits and
robust credit growth, indicating a dynamic and thriving banking sector. The Credit-Deposit ratio
gradually increased from 2007 to 2011, reaching a peak in 2012 at 102.10%. Conclusions: The overall number of bank offices has increased dramatically due to the state’s
growing financial sector. The steady expansion in bank branches indicates a sustained effort to
improve accessibility and financial inclusion.
PEER REVIEW INFORMATION
Article has been screened for originality
iThenticate
REFERENCES (29)
1.
Aggarwal, N. (2019). Challenges and Opportunities in Haryana’s Banking Sector. Journal of Finance and Banking Research, 5(2), 20-32.
2.
Beck, T., Demirgüç-Kunt, A. (2009). Financial Institutions and Markets across Countries and over Time: The Updated Financial Development and Structure Database. The World Bank Economic Review, 24(1), 77–92. https://doi.org/10.1093/wber/l....
3.
Demirguc-Kunt, A., Klapper, L. (2012). Measuring Financial Inclusion: Explaining Variation in Use of Financial Services across and within Countries. Brookings Papers on Economic Activity, 279-340.
4.
Demirguc-Kunt, A., Klapper, L., Singer, D., Ansar, S., Hess, J. (2018). The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution. World Bank Policy Research Working Paper, No. 8442.
6.
Gupta, S., Sharma, R., Singh, P. (2021). Banking Sector Development and Economic Growth: A Case Study of Indian States. International Journal of Economics, Commerce, and Management, 9(1), 37-51.
7.
Haryana State Government. (2020). Banking in Haryana: Policy Initiatives and Regulatory Frameworks.
8.
Hasan, I., Marton, K. (2003). Development and the Changing Structure of Rural Financial Markets in India. Journal of Development Studies, 40(6), 1-29. https://doi.org/10.1080/002203....
9.
Johnson, A. (2018). Banking Sector Dynamics: A Comprehensive Review. Journal of Economic Analysis, 25(2), 123-145.
10.
Johnson, A., Smith, B. (2018). The Impact of Banking Development on Economic Growth: Empirical Evidence from Emerging Economies. Journal of Economic Studies, 45(3), 496-514.
11.
Kumar, A., & Singh, S. (2017). Evolution of Banking Sector in Haryana: A Historical Perspective. International Journal of Advanced Research in Management and Social Sciences, 6(8), 48-61.
12.
Mishkin, F. S. (2001). The Economics of Money, Banking, and Financial Markets. Pearson Education.
13.
Mookerjee, R., Yu, Q. (1997). Banking Structure and Financial Sector Reform in India. Southern Economic Journal, 63(2), 314-329. https://www.jstor.org/stable/1....
14.
Morduch, J., Rutherford, S. (2003). Microfinance: analytical issues for India. Background paper prepared for the World Bank.
15.
Rani, M., Siwach, M. (2022). Financial Inclusion in Some Selected South Asian Countries: Measuring Gender Disparity in Account Ownership. International Journal of Business Management & Research, 12(2), 6-10.
16.
Rani, M., Siwach, M. (2023). Financial Literacy in India: A Review of Literature. Economic and Regional Studies, 16(3), 446-458. https://doi.org/10.2478/ers-20....
17.
Rani, M., Siwach, M. (2023). Digital Financial Inclusion in Indian Economy: A Comprehensive Review and Analysis. International Journal of Business Management & Research, 13(1), 85-90.
18.
Rajan, R. G., Zingales, L. (1998). Financial Dependence and Growth. American Economic Review, 88(3), 559-586.
19.
Rangarajan Committee (2008). Financial inclusion. Available at: http://slbckarnataka.com/UserF....
20.
Rangarajan Committee. (2008). Report of the Committee on Financial Inclusion. Retrieved from https://www.rbi.org.in/Scripts....
21.
Robinson, J. (1952). The Generalization of the General Theory. In The Rate of Interest and Other Essays.
23.
Sharma, R., Jain, S., Panwar, V. (2015). Analyzing the Impact of Banking Sector Development on Economic Growth in India. International Journal of Economics, Commerce, and Management, 3(10), 1-11.
24.
Smith, B., Jones, C., Davis, E. (2016). Financial Trends and Economic Growth: A Regional Perspective. International Journal of Finance and Economics, 32(4), 567-589.
25.
Solo, T. M. (2008). Financial exclusion in Latin America – or the social costs of not banking the urban poor. Environment and Urbanization, 20(1), 47-66.
27.
Thorat, U. (2010). Trends in Banking and Finance: A Decade of Reforms. Economic and Political Weekly, 45(16), 64-71. https://www.jstor.org/stable/2....
28.
World Bank. (2017). Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution. Retrieved from https://databank.worldbank.org....
29.
World Bank. (2018). Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution. Retrieved from https://databank.worldbank.org....
Share
RELATED ARTICLE
| eISSN: | 2451-182X |
| ISSN: | 2083-3725 |
Digitalization of Economic and Regional Studies/ Studia Ekonomiczne i Regionalne – task financed under the agreement No. 819/P-DUN/2018 by the Minister of Science and Higher Education allocated to the activities of disseminating science.
© 2006-2024 Journal hosting platform by Bentus
We process personal data collected when visiting the website. The function of obtaining information about users and their behavior is carried out by voluntarily entered information in forms and saving cookies in end devices. Data, including cookies, are used to provide services, improve the user experience and to analyze the traffic in accordance with the Privacy policy. Data are also collected and processed by Google Analytics tool (more).
You can change cookies settings in your browser. Restricted use of cookies in the browser configuration may affect some functionalities of the website.
You can change cookies settings in your browser. Restricted use of cookies in the browser configuration may affect some functionalities of the website.
