In India, the subsidized scheme is one of the variants of microfinance introduced by the Central Government and similar subsidy based microfinance schemes have also been introduced by other donor agencies. The decadal growth of the number of subsidized SHGs …

In financial literature, interdependence of capital markets is synonymous with the measure of co-movement between them. Hence, the necessity to understand the genesis of interdependence of stock markets arises from its consequences on monetary and trade policies, resource allocation, capital …

The necessity of financial inclusion is urgent, particularly in the rural hinterlands, where the vast majority of the population resides. However, these areas continue to remain excluded from formal banking facilities, despite various attempts made by the government, policy makers, …

Inception of the Indian mutual fund industry was a consequence of progressive liberalization that brought about dramatic changes in the Indian financial system. Liberalization of economic policies caused rapid growth of the capital market, money market, and financial services industry. …