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District-wise Comparative Study of Banking Penetration and Financial Inclusion in Odisha

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  • Suchitra Behera
  • Samir Ranjan Behera

Abstract

This article attempts to analyze the economic growth in the districts of Odisha by compiling an index for financial inclusion which included various dimensions of financial inclusion and resulted in a number between 0 and 1, where 0 is the worst condition of a district and 1 gives complete financial inclusion. The indicators used here are banking penetration, availability of banking services and usage of banking system. The study shows that Khurda district leads with the highest value, followed by Ganjam and Cuttack districts. The results were in accordance with the Planning Commission, Government of India, in defining underdeveloped districts. Some empirical findings were also conducted to examine the dynamic relationship between the financial inclusion indicators such as credit flows to the districts of Odisha, deposits in the banking sector and presence of bank branches per 1,000 sq km, and growth indicators like gross domestic product (GDP) in the case of districts of Odisha.

Suggested Citation

  • Suchitra Behera & Samir Ranjan Behera, 2018. "District-wise Comparative Study of Banking Penetration and Financial Inclusion in Odisha," Emerging Economy Studies, International Management Institute, vol. 4(2), pages 129-146, November.
    • Handle: RePEc:sae:emecst:v:4:y:2018:i:2:p:129-146
    DOI: 10.1177/2394901518795049
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    References listed on IDEAS

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    Cited by:

    1. Neha Arora & Naresh Kumar, 2021. "Does Financial Inclusion Promote Human Development? Evidence from India," Jindal Journal of Business Research, , vol. 10(2), pages 163-184, December.
    2. Minhaj Ali & Shujahat H. Hashmi & Muhammad R. Nazir & Ahmer Bilal & Muhammad I. Nazir, 2021. "Does financial inclusion enhance economic growth? Empirical evidence from the IsDB member countries," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(4), pages 5235-5258, October.

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