Perceived Economic Empowerment through Self-Help Groups: A Statistical Study of Scheduled Caste Women in Ramgarh District, Jharkhand, India | Chapter 9 | Economics, Business and Management: Recent Advances Vol. 1

 

The issue of financial inclusion and economic upliftment among marginalised sections, particularly Scheduled Caste (SC) women, continues to pose a major challenge in India’s development process, including in Jharkhand. In this context, Self-Help Groups (SHGs) have emerged as a crucial mechanism for promoting socio-economic advancement and empowerment at the grassroots level. Participation in SHGs not only enables women to achieve financial independence but also helps them acquire essential skills and strengthens their collective voice within their communities.

 

This study aims to examine the transformative impact of SHGs on the economic empowerment of SC women in Ramgarh district, Jharkhand. A total of 100 women associated with SHGs across five blocks—Gola, Mandu, Chitarpur, Ramgarh, and Patratu—were selected for the study. Data was collected through structured questionnaires and interviews, and the Wilcoxon signed-rank test was applied to assess changes in participants’ economic conditions before and after joining SHGs.

 

The findings reveal a statistically significant improvement in key economic indicators after participation in SHGs, highlighting their strong positive influence on economic empowerment. There has been a notable increase in members’ annual income and savings, along with improvements in employment duration. These results demonstrate the tangible benefits of SHG involvement in enhancing livelihood opportunities and financial stability.

 

The study further suggests that sustained efforts—particularly through targeted training and skill development programs aligned with local market demands—are essential to maintain and expand these gains. It also emphasises the need for further research and supportive policy initiatives to strengthen and extend SHG programs, ensuring continued positive impact on the lives of Scheduled Caste women.

 

 

Author(s) Details

Manisha Kumari
Department of Commerce and Business Management, Ranchi University, Ranchi, India.

 

Shashi Shekhar Murmu
Department of Commerce and Business Management, Ranchi University, Ranchi, India.

 

Rinki Kumari
Department of Commerce and Business Management, Ranchi University, Ranchi, India.

 

Please see the book here :- https://doi.org/10.9734/bpi/ebmra/v1/7021

Understanding the Dynamics of Financial Inclusion in Tanzania: Pathways and Prospects | Book Publisher International

 

This book presents an in-depth analysis of financial inclusion in Tanzania, which is organised into eleven chapters. Chapter one lays the foundation for understanding financial inclusion in Tanzania and examines the concept through various theoretical lenses. It reviews key theories, including the financial systems approach, the demand-side perspective, and the supply-side perspective, highlighting their relevance to financial inclusion. The chapter also explores definitions, dimensions, and indicators of financial inclusion, setting the stage for the book's empirical analysis of financial inclusion dynamics in Tanzania. By establishing a clear theoretical framework, this chapter provides context for the subsequent chapters' exploration of financial inclusion challenges, opportunities, and strategies in Tanzania.

 

Drawing on empirical evidence and stakeholder insights, the book, in chapter 2, highlights both demand-side and supply-side drivers of financial inclusion while also exploring barriers like income constraints, procedural bottlenecks, behavioral aspects, customer satisfaction issues, and regulatory challenges. By understanding these drivers and barriers, policymakers and practitioners can develop targeted strategies to promote financial inclusion, address gaps, and foster a more inclusive financial ecosystem in Tanzania.

 

In chapter 3, the book provides an overview of Tanzania's financial inclusion landscape and examines the institutional framework supporting financial sector development. It analyses the country's financial sector structure, regulatory environment, and policy initiatives aimed at promoting financial inclusion. By examining the institutional framework, this chapter sets the stage for understanding the roles of various stakeholders in shaping financial inclusion outcomes in Tanzania.

 

The book further, in chapter 4, examines the regulatory environment governing mobile money and banking services in Tanzania, highlighting its impact on financial inclusion. In essence, analyzes the evolution of regulations, key players, and innovations in the mobile money space, as well as challenges and opportunities for expansion. By understanding this regulatory landscape, stakeholders can better navigate the complexities of Tanzania's mobile money and banking sector, fostering innovation and inclusive growth.

 

Chapter 5 of the book explores the borrowing patterns and behaviour of households in Tanzania, shedding light on their financial decision-making processes. In particular, the chapter examines the impact of financial inclusion initiatives on household borrowing and financial resilience, providing implications for policymakers and financial service providers seeking to expand inclusive finance and support household economic well-being.

 

In chapter 6, the book examines the savings patterns and behaviour of households in Tanzania, exploring the factors influencing their savings decisions. It analyses data on household savings habits, savings products, and motivations for saving, revealing insights into the role of formal and informal savings mechanisms. The chapter also investigates the impact of financial inclusion, income, education, and other demographic factors on household savings behaviour, providing implications for policymakers and financial service providers seeking to promote savings mobilisation and financial resilience among Tanzanian households.

 

Furthermore, Chapter 7 of the book examines the nexus between financial literacy and financial inclusion in Tanzania, assessing the level of financial knowledge and its impact on financial behaviour, including investment decisions. The chapter examines the demographic factors affecting both. investment decisions, financial literacy. The chapter is wound up by highlighting gaps in financial literacy, identifying target groups for interventions, and providing recommendations for policymakers and practitioners to enhance financial education and promote inclusive finance in Tanzania.

 

The book in chapter 8 examines the impact of mobile money taxation on financial inclusion, and as the government considers taxation policies for mobile financial services, understanding their effects on financial inclusion is crucial. Therefore, this study analyses how mobile money taxation influences usage patterns, financial access, and inclusion among underserved populations. The chapter suggests that taxation on mobile money transactions can disproportionately affect low-income users, potentially limiting financial inclusion gains. The chapter further discusses policy implications, emphasising the need for balanced taxation approaches that promote both revenue generation and financial inclusion objectives.

 

In chapter 9, the book examines gender disparities in financial inclusion, focusing on barriers and opportunities for women's financial empowerment. It is revealed that there are significant gaps in women's access to financial services, mobile money usage, and decision-making control over financial resources. Key findings highlight constraints such as limited financial literacy, mobility restrictions, and social norms. The chapter proposes targeted strategies to enhance women's financial inclusion, including tailored financial products, digital literacy programs, and policy interventions addressing gender-specific barriers.

 

Chapter 10 assesses the role of bank institutional quality in shaping financial inclusion outcomes in Tanzania. Key findings suggest that banks with stronger institutional quality—measured by service reach, product innovation, and trust—drive greater financial inclusion, particularly in underserved areas. The chapter discusses policy implications for enhancing bank-led financial inclusion strategies and the regulatory framework.

 

Finally, in chapter 11, the book explores electronic banking innovations and strategic approaches driving financial inclusion in Tanzania. Key Findings highlight the role of interoperability, agent networks, and customer-centric design in expanding access. The chapter discusses strategic implications for banks, policymakers, and fintech to enhance innovation ecosystems and inclusive growth.

 

 

Author(s) Details

Professor Josephat Lotto
The Institute of Finance Management, 5 Shaaban Robert Street, P.O. Box 3918, 11101 Dar-es-Salaam, Tanzania.

 

Please see the book here :- https://doi.org/10.9734/bpi/mono/978-81-69006-47-7

Attitudes of Bank Employees Towards Financial Inclusion: The Role of Staff in Promoting Financial Literacy and Accessibility | Chapter 8 | New Advances in Business, Management and Economics Vol. 10

 

Financial inclusion has evolved significantly in recent years, transforming from a niche concern to a global priority. On the other hand, the banking system plays a critical role in promoting financial inclusion globally. In Cameroon, the government has launched initiatives such as the "National Financial Inclusion Strategy" to promote financial inclusion and increase access to financial services. This study investigates the attitudes of bank employees towards financial inclusion in Cameroon. This study employed a mixed-methods research design, combining quantitative and qualitative approaches. A survey of 25 bank employees and a comprehensive analysis using multiple linear regression yielded significant findings. The results reveal a positive association between Attitudes Towards Financial Inclusion (ATFI) and attitudes towards underserved groups (ATUG), perceived importance of financial literacy (PIHL), and financial inclusion training (FIT). However, a negative correlation was observed between ATFI and bank policies and procedures (BPP) and Cameroon's Anglophone Regions Employees' Perception (CR). The model effectively explains 91.9% of the variance in ATF. These findings have important implications for the banking sector, suggesting that enhancing bank employees' attitudes towards financial inclusion through targeted training programs and strategic adjustments to bank policies and procedures can lead to improved financial inclusion practices. Future research could delve deeper into the impact of financial inclusion training programs on bank employees' attitudes and behaviours, and explore the role of bank policies and procedures in promoting financial inclusion.

 

 

Author(s) Details

John Carlvin Piyinchu
Department of Banking and Finance, Faculty of Economics and Management Sciences, The University of Bamenda, Cameroon.

 

 

Please see the book here :- https://doi.org/10.9734/bpi/nabme/v10/6345

The Transformative Influence of Digital Finance on Rural Women's Financial Inclusion: Evidence from Kenya |Chapter 6 | New Advances in Business, Management and Economics Vol. 10

 

Financial inclusion refers to the process of ensuring access to financial services and providing timely and adequate credit when needed by vulnerable groups like the weaker sections and low-income groups at an affordable cost. Over the past decade, significant progress has been made in increasing financial inclusion worldwide; however, disparities still exist. Digital finance has emerged as a transformative solution to address this critical issue. This chapter explores the significant impact of digital finance on the financial inclusion of rural women, a group that has historically been underserved by traditional banking services due to geographical and socio-cultural barriers. Using a cross-sectional descriptive design with a sample of 961 rural Kenyan women, the chapter utilized Partial Least Squares Structural Equation Modeling (PLS-SEM) and the Chi-Square test of independence to assess the relationship between digital finance adoption and financial inclusion. The findings reveal a strong positive relationship between the use of digital financial systems and increased financial inclusion. The PLS-SEM analysis produced a path coefficient (β) of 0.728, indicating a significant direct influence. The R-squared (R2) value was 0.530, which means that digital finance accounts for 53% of the variance in financial inclusion. Additionally, the chapter found a very substantial effect size (f2) of 1.129, far exceeding the threshold for a large effect, confirming the practical significance of this relationship. The Chi-Square test of independence further reinforced these findings with a Pearson Chi-Square value (χ2) of 158.715 and a p-value of .000. This value is significantly higher than the critical values of 3.841 (α=0.05) and 6.635 (α=0.01) at one degree of freedom, leading to the rejection of the null hypothesis and confirming a statistically significant association between digital finance and financial inclusion. Despite these positive findings, the average digital finance score among rural women was 6.609, which is below the target threshold of 8, indicating low overall adoption. However, the study also found that over half of the respondents (70.27%) owned a mobile device and a significant majority (66.14%) had mobile money accounts, highlighting the widespread nature of mobile money in the region. Overall, the study demonstrates that digital finance provides a secure and convenient way to save and transact, serving as a gateway to formal financial services and entrepreneurial opportunities for rural women. The results emphasize the need for targeted digital literacy programs and supportive policies to empower rural women and ensure equitable financial inclusion.

 

 

Author(s) Details

Mildred Amugune
School of Business, Economics, Hospitality and Tourism Management, Machakos University, Kenya.

 

Josephat M. Kiweu
School of Business, Economics, Hospitality and Tourism Management, Machakos University, Kenya.

 

Charles Ombuki
School of Business, Economics, Hospitality and Tourism Management, Machakos University, Kenya.

 

Please see the book here :- https://doi.org/10.9734/bpi/nabme/v10/6294

A Scientometric Analysis of Digital Financial Inclusion and Sustainability | Chapter 5 | Business, Management and Economics: Research Progress Vol. 8

The importance of digital financial inclusion is critical in ensuring universal access to digital financial services, thereby fostering sustainable economic growth. The study of digital financial inclusion and sustainability has gained significant importance in recent times. Achieving sustainable development goals, lowering inequality, and strengthening economic integration depends on the successful integration of digital technologies into financial institutions and trade procedures. The study aims to analyse the popularity of digital financial inclusion and sustainability worldwide. It presents the country-wide publications, related research done, network clusters, citation trends and the like. This research presents a straightforward analysis using the Scopus database and VOSViewer, encompassing a thorough examination of the co-occurrence of author keywords and collaborative countries etc., in 319 selected documents. The upward trend in publication activity becomes apparent from 2016 onwards. The majority of publications fall within the domain of Social Sciences, followed by Economics, Econometrics, and Finance. Key topics garnering the most attention include financial inclusion, sustainable development, finance, sustainability, and economic growth. The study also outlines implications for facilitating the seamless adoption of digital financial inclusion and promoting sustainable growth.

 

Author (s) Details

 

Rehna John M
School of Arts, Humanities and Commerce, Amrita Vishwa Vidyapeetham, Kochi, India.

 

Vidhya Vinayachandran
School of Arts, Humanities and Commerce, Amrita Vishwa Vidyapeetham, Kochi, India.

 

Please see the book here:- https://doi.org/10.9734/bpi/bmerp/v8/3083

Effect of Mobile Banking on Financial Inclusion: A Study in the District of Darjeeling, India | Chapter 4 | New Advances in Business, Management and Economics Vol. 2

Financial inclusion ensures access to and use of financial services for an individual or a micro-enterprise. The problem of lack of access to the formal banking system is recognized as an important obstacle to financial inclusion that creates blockage not only to economic growth in general but poverty reduction in particular for any nation. In this modern era of technology, mobile banking seems to be the most innovative, feasible, and sustainable option to bring financially excluded people into the formal banking system, particularly in a country like India, where there are more mobile phones than people. The paper aims to analyse the effect of mobile banking on financial inclusion in the district of Darjeeling, West Bengal. The study is based on the primary data, collected through a structured questionnaire. The correlation test has been applied to analyse the data with the help of SPSS. The study finds that most mobile banking service users are satisfied and opined that mobile banking service assists in achieving financial inclusion in Darjeeling.

 

Author (s) Details

 

Jyotirmoy Koley
Darjeeling Government College, Darjeeling, West Bengal, India.

 

Please see the book here:- https://doi.org/10.9734/bpi/nabme/v2/4006

Financial Implications of the Urban-rural Divide | Chapter 2 | Current Aspects in Business, Economics and Finance Vol.5

 This chapter aims to give a abstract frame for analysing fiscal issues related to population imbalances, which affect from a long- standing trade- off between pastoral and civic communities. The significant differences in their natural characteristics lead to elicit a wide gap in terms of fiscal addition, emphasising the significance of finance. Technological advances that continue to stimulate progress in the fiscal assiduity, particularly in the delivery of fiscal services, and that energy sanguinity about digitization as a catalyst for mollifying the polarisation under scrutiny are among the factors to be delved . Findings sketch on stylish practises and success stories involving ag( ri) tech and fintech that are worth propagating and participating in order to contribute to thepost-pandemic" new normal" as a prerequisite for the anticipated" new future."

Author(s) Details:

Margherita Mori,
Department of Industrial and Information Engineering and of Economics, University of L’Aquila, Italy.

Please see the link here: https://stm.bookpi.org/CABEF-V5/article/view/8449

Study on the Effect of Public Distribution System Workers in Influencing the Women Street Vendors to Use Banks - Enabling Financial Inclusion | Chapter 2 | New Innovations in Economics, Business and Management Vol.1

 Women street vendors (WSVs) encounter numerous obstacles in terms of financial security. Using banks for their financial transactions will protect them against private money lenders, allowing them to become more financially integrated into society. The study's goal is to persuade these WSVs to use banks more frequently by enlisting the assistance of workers from the public distribution system (PDS). It is expected that these PDS employees will function as influencers, persuading WSVs to use banks more effectively. Two sets of questionnaires were created, one of which was used to determine their banking habits. Then PDS personnel were asked to teach WSVs about the advantages of banks. With the same set of WSVs, a second questionnaire was completed six months later to see if there had been any notable changes in behaviour. Using a multivariate generalised linear model, the effect of WSVs' age and education level on their acceptance of PDS workers' advice to utilise banks is explored (MGLM). The findings imply that SVs' educational level has a clear and contingent influence on their acceptance of PDS personnel' advice, whereas age has no bearing. According to the findings, PDS personnel do make a difference in educating WSVs about the advantages of using banks. It was also discovered that PDS personnel have a greater impact on WSVs with lower education levels. Policymakers might engage PDS personnel to educate WSVs with lower education levels about the advantages of using banks for financial transactions rather than depending on private money lenders.

Author(S) Details

J. Praveen Paul
Mepco School of Management Studies, Sivakasi, Tamilnadu, India.

M. Silambarasan
Mepco School of Management Studies, Sivakasi, Tamilnadu, India.

View Book:- https://stm.bookpi.org/NIEBM-V1/article/view/4375

A Study on Financial Awareness among Slum Dwellers in Bangalore City | Chapter 2 | Insights into Economics and Management Vol. 9

 Any government's objective for equitable and sustainable economic development is financial inclusion. Financial literacy and financial inclusion are two sides of the same coin. Financial literacy is required for financial inclusion and poverty alleviation to be successful. Because of the evolution of the economy and financial markets, financial education or financial literacy has become more important in recent years. Financial literacy levels around the world are unacceptably low, according to studies. In comparison to industrialized countries, developing countries have a far lower financial literacy rate. People find it challenging to make confident decisions on personal economic difficulties, and they frequently make mistakes. In India, as well, financial literacy is extremely low. With this backdrop in mind, the current study attempts to examine slum residents' overall financial awareness in Bangalore. Add a sentence or two about the findings.

Author (s) Details

Divya Bansal
Amity University, Noida, India.

U. Divya
Adarsh Institute of Management & Information Technology, India.

View Book :- https://stm.bookpi.org/IEAM-V9/article/view/940