IJMH – Volume 3 Issue 1 Paper 6

Posted on by Researchscripteditor

INNOVATIVE DELIVERY CHANNEL – A MEDIATING VARIABLE BETWEEN INFORMATION & COMMUNICATION TECHNOLOGY (ICT) AND FINANCIAL INCLUSION

Author’s Name : R.Bharath | Dr.S.Vasantha | M.Bhuvana

Volume 03 Issue 01  Year 2016  ISSN No:  2349-7289  Page no: 21-24

12

 

Abstract:

In India, government has taken several initiatives to elevate financial inclusion. The successful achievement of financial inclusion can be done through Information & Communication technologies such as ATM, banking agents, Mobile Phones, etc. Financial Institutions like banks has done various renovations in their technologies to facilitate their financial services to reach the people especially from the most vulnerable groups in the society. This paper will discuss about how the banking services are facilitated to rural people by Information and communication technology (ICT) through various innovative delivery channels and it acts as a mediating variable between Information & communication Technology and financial inclusion.

Keywords:

Business Correspondent (BC), Non Governmental Organisations (NGOs), Self Help Group’s (SHG’s), Micro Finance Institutions, Banks, Rural People.

References:

  1. Biswas, N., 2010. Biometric ATM: Boon to Indian Rural Bank Customers. Southern Economist. ISSN 0034 –4046, 48(14).
  2. Business Correspondents and Facilitators Pathway to Financial Inclusion, (P. Vijaya Bhaskar)Chief General Manager, ACCESS Development Services 28, Hauz Khas Village, New Delhi 110016, RBI / 2008-2009 /142DBOD.No.BL.BC. 36 /22.01.009/2008-2009August.
  3. Castells, M. (2001), The Internet Galaxy: Reflections on the Internet, Business and Society, Oxford; New York: Oxford University Press.
  4. Dr. Shweta Anand & Ms. Deepika Saxena, “Technology Based Initiatives by Indian Commercial Banks towards Financial Inclusion”.
  5. Economides, N. and Salop, S. (1992), Competition and integration among complements, and network market structure. The Journal of Industrial Economics, XL (1): 105-123.
  6. Economides, N. and Salop, S. (1992), Competition and integration among complements, and network market structure. The Journal of Industrial Economics, XL (1): 105-123.
  7. Farrell J. and Saloner G. (1985), Standardization, compatibility and innovation. RAND Journal of Economics, 16 (1): 70-83.
  8. Farrell J. and Saloner G. (1985), Standardization, compatibility and innovation. RAND Journal of Economics, 16 (1): 70-83.
  9. Farrell J. and Saloner G. (1985), Standardization, compatibility and innovation. RAND Journal of Economics, 16 (1): 70-83.
  10. Ghosh, A., 2007. Financial Inclusion through Micro Finance in India and Emerging Role of POSB: An Analysis. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1655737.
  11. Increasing the Outreach And Sustainability of Microfinance through ICT Innovation, Stuart Mathison, Program Manager, The Foundation for Development Cooperation (FDC).
  12. International Journal of Scientific and Research Publications, Volume 3, Issue 6, June 2013 1 ISSN 2250-315, www.ijsrp.org, The Role of SHGS in Financial Inclusion.A Case Study, Uma .H.R*, Rupa.K.N*** Departmrnt of Studies Economics And Co Operation, University O F Mysore, Mysore -06.
  13. Jiaqin Y, Whitefield M, Bhanot R, (2005). “E-Banking in Rural Area – Recent Trend and Development: A Case Study”, Communications of the IIMA, Volume 5 Issue 4  .
  14. Karlan, D. & Valdivia, M. (2011). Teaching entrepreneurship: Impact of business training on microfinance clients and institutions. The Review of Economics and Statistics, 93(2), 510-527.
  15. Mackintosh, W. (2005). Can you lead from behind? Critical reflections on the rhetoric of e-learning, open distance learning, and ICT for development in sub-Saharan Africa (SSA). In A. A. Carr-Chellman (Ed.), Global Perspectives on E-learning: Rhetoric and reality (pp. 222-240). London: Sage Publications.
  16. Stamoulis D. S, (2000) “How Banks Fit in an Internet Commerce Business Activities Model.” Journal of Internet Banking & Commerce. Vol. 5, No. 1.
  17. Thorat, U., 2007. Financial Inclusion and Information Technology, http://www.bis.org/review/r080917d.pdf.
  18. Vasantha, S., Varadharaj, V., & Varadharajan, R. (2013). Self help group bank linkage model as catalyst for financial inclusion in an unbanked rural area. Indian Journal of Commerce & Management Studies, 4(1).
  19. www.nabard.org/databank/IARD%20Web/csidfiles/Financial%20lnclusion%20and %20SHGs.pdf.