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A STUDY ON THE ROLE OF BAJAJ FINSERV LTD. IN PROMOTING FINANCIAL INCLUSION IN COIMBATORE DISTRICT

Authors: Dr. A. Balagurusamy*, V. S. Srikrishna** & P. V. Ranjith**;

A STUDY ON THE ROLE OF BAJAJ FINSERV LTD. IN PROMOTING FINANCIAL INCLUSION IN COIMBATORE DISTRICT

Abstract

Financial inclusion refers to efforts to make financial products and services accessible and affordable to all individuals and businesses, regardless of their personal net worth or company size. Financial inclusion strives to remove the barriers that exclude people from participating in the financial sector and using these services to improve their lives. The contribution of Bajaj Finserv Ltd in fostering financial inclusion in Coimbatore District is discussed in this study. Financial inclusion is a critical priority in terms of economic growth and societal advancement. It allows for a narrowing of the wealth gap between rich and poor people. In the current environment, financial institutions are strong pillars of economic progress and development. Bajaj Finserv Ltd has taken steps to increase banking services by offering low-interest loans, increasing the number of rural bank branches, permitting the banking correspondent model, and using Core Banking Solution (CBS) technology.

{"references": ["1.\tGupta, S.C., Fundamentals of Statistics, 6th revised and enlarged edition, Himalaya Publishing House, New Delhi. 2.\tKothari, C.R., \"Research Methodology & Techniques\". New Age International (P) Ltd, 2nd Edition. 3.\tKumar, N. Financial inclusion and its determinants: Evidence from India. Journal of Financial Economic policy, 2016. 4.\tLapukeri, A.F. Financial inclusion and the impact of ICT: An overview. Journal of Economics, 2015. 5.\tSahoo, A.K. Determination of financial in tribal districts of Odisha: An empirical investigation. Social change, 2017."]}

Keywords

Bajaj Finserv Ltd, Financial inclusion and Core Banking Solution

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This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
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