Empowering India's Rural Poor with Improved Access to Finance
Improving Access to Finance for India's Rural Poor looks at how rural households in India can get better access to financial services. The researchers studied different ways to provide these services, like formal banks, informal lenders, and microfinance. They found that there are barriers preventing rural poor people from getting the financial help they need. The study suggests ways for policymakers and financial institutions to improve access to finance for India's rural poor, so they can save money, borrow when needed, and protect themselves from unexpected events.