Financial and Banking sector reforms

The Banking System at the time of independence was largely urban oriented and remained out of reach of rural Population. Commercial Banks mostly confined their lending to trade, commerce and Industry and treated agriculture as a non priority. Security- oriented lending was the order of the day. Banks did not pay any attention to the … Read more

Remittances

Remittances Here is a list of subtopics without any description for Remittances: Definition of remittances Types of remittances Factors affecting remittances Remittances and Economic Development Remittances and poverty reduction Remittances and Financial Inclusion Remittances and social development Remittances and gender EqualityEquality Remittances and Climate Change Remittances and migration Remittances and remittances policies Remittances and the … Read more

Components of Capital Account

The components of Capital Account are: Capital transfers Direct InvestmentInvestment Portfolio Investment Other investment Capital transfers are transactions that do not involve the creation or extinguishment of a financial asset or liability. They include: Gifts Grants Reparations Intergovernmental transfers Direct investment is investment that an enterprise makes to acquire a lasting interest in an enterprise … Read more

Financial inclusion index

The following are subtopics of Financial Inclusion index: Access to financial services Use of financial services Financial literacy Financial stability Financial inclusion policies and regulations Financial inclusion research and data Financial inclusion advocacy and outreach Financial inclusion partnerships and networks Financial inclusion measurement and evaluation Financial inclusion technology and innovation Financial inclusion is the access … Read more