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100			_aStephen, Nishanth _921462
245			_aThe role of cooperative banks in financial inclusion _cNishanth Stephen and Tinsy Rose Tom
260			_aHydrabad _bIUP Publication _cAugust 2016
300			_a55--65 p. _bPaper
500			_aFinancial services actively contribute to the economic development of the society. This leads to a social safety net that protects the people from economic shocks. Hence, each and every individual should be provided with affordable institutional financial products/services, which is popularly called ‘Financial Inclusion’. Despite witnessing substantial progress in financial sector reforms in India, it is disheartening to note that nearly half of the rural households even today do not have any access to any source of funds—institutional or otherwise. Hardly one-fourth of the rural households are assisted by banks. Hence the major task before banks is to bring most of those excluded, i.e., 75% of the rural households, under banking fold. There is a need for the formal financial system to look at increasing financial literacy and financial counseling to focus on financial inclusion and distress amongst farmers. Indian banks and financial market players should actively look at promoting such programs as a part of their corporate social responsibility. This paper examines the role of cooperative banks in this regard.
650			_aCo-operative Banking _zIndia _921463 _vLiquidity
700			_a Tom, Tinsy Rose _921493
773	0		_030414 _954654 _aMURTHY, E N _dIUP PUBLICATION HYDERABAD _o5554663 _tBANK MANAGEMENT
942			_2ddc _cJA-ARTICLE
999			_c42952 _d42952