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Determinants Of Banking Outreach: An Empirical Assessment Of Indian States

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  • Saibal Ghosh

    (Reserve Bank of India, India)

Abstract

The paper explores the factors influencing banking outreach. Using time series data on Indian states for 1973-2004, the analysis indicates a divergence across states in terms of the outreach of formal finance over time, ceteris paribus. The findings also uncover an important role of literacy and physical infrastructure. As well, the analysis also point to the fact that the spread and use of banking services can be adversely affected by unfavorable labor regulations. Robustness tests reinforce these findings.

Suggested Citation

  • Saibal Ghosh, 2012. "Determinants Of Banking Outreach: An Empirical Assessment Of Indian States," Journal of Developing Areas, Tennessee State University, College of Business, vol. 46(2), pages 269-295, July-Dece.
    • Handle: RePEc:jda:journl:vol.46:year:2012:issue2:pp:269-295
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    3. Vavangani Ishtiyaq Nadeem & Khalid Waheed & Arshiya Fathima M.S, 2024. "Financial inclusion of Muslim minority in Vellore, Tamil Nadu," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 53(1), February.
    4. Sandhya Garg & Samarth Gupta & Sushanta Mallick, 2023. "Does Social Identity Constrain Rural Entrepreneurship? The Role of Financial Inclusion," IEG Working Papers 460, Institute of Economic Growth.
    5. Rajesh, Raj & Das, Anwesha, 2019. "Drivers of Credit Penetration in Eastern India," MPRA Paper 100385, University Library of Munich, Germany, revised 08 Oct 2019.
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    More about this item

    Keywords

    banking outreach; sub-national; India;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

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