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| Year | 2025 |
| Volume/Issue/Review Month | Volume-XVIII | Issue-II | Jul.-Dec. |
| Title | India’s Journey of Financial Inclusion: Evidence from Assam Gramin Vikash Bank |
| Authors | Sagartirtha Chakraborty, Debolina Bordoloi, Dr. Suresh Kumar Nath |
| Broad area | Finance |
| Abstract | This research explores the journey of India’s regional rural banks in promoting financial inclusion, which in turn promotes regional economic growth, with special reference to Assam Gramin Vikash Bank (AGVB), the largest rural bank in the north-eastern region of India. Using secondary data from 2006-07 to 2023-24, the study analyses the trends in AGVB’s branch outreach, credit-deposit ratio, microfinance penetration, and participation in various financial inclusion schemes. By employing multivariate regression analysis, it also evaluates the influence of different financial inclusion indicators on the economic growth of Assam. Findings reveal a significant positive impact of AGVB’s branch network, credit-deposit ratio, and microfinance penetration on the state’s economic growth. It finally highlights how persisting challenges like lack of digital inclusivity and gender disparity necessitate targeted policy intervention to accelerate India’s aspirational journey towards becoming a developed and equitable nation by 2047. |
| DOI | https://doi.org/10.63340/SAMT/10000006 |
| File |  |
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