In this study, we attempt to document the progress in Islamic banking industry of Pakistan towards fostering an egalitarian and equitable financial intermediation. We use a set of quantitative indicators to objectively asses the performance of Islamic banks towards fostering a participative,...

Using administrative account level data, we study the largest financial inclusion program in India that led to 255 million new bank account openings. About 77% of these accounts maintain a positive balance. While the initial usage remains quite infrequent, it gradually converges to that of...

This study focuses on the impact of financial inclusion and bank concentration on the performance of firms in developing and emerging countries. Using firm-level data for a sample of 55,596 firms in 79 countries, we find that financial inclusion, i.e. the distribution of financial services...

Financial inclusion means every adult having access to fair and affordable savings, transactional banking, credit and insurance. It also requires consumers of financial services to be literate around their use. Whilst this sounds unobjectionably positive, expanding access to financial products...

This study examines the effect of access to formal banking services on households' ability to smooth consumption in response to illness of adult workers. The institutional peculiarities of Indonesia's largest commercial bank are exploited to separately estimate the effects of access to formal...

“If the poverty of the poor be caused not by laws, but by our institutions, great is our sin”, wrote Charles Darwin. Bank as an institution, especially a rural bank in India has always been considered as a ‘Messiah' in the national agenda of poverty eradication. This national assignment...

Financial Inclusion plays a major role in the progress of every nation and for a country like India where Banks are the significant players in the field of socio-economic development, this industry should concentrate the most on financial inclusion to eradicate financial elimination. To Study...