Advances in Consumer Research
Issue 7 : 236-242
Original Article
Assessing The Impact Of Small Finance Banks On Inclusive Growth In Emerging Economies
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1
Assistant Professor, Department of Commerce, St. Francis College, P.B. No. 3417, 8th Main, 3rd Block, Koramangala, Bengaluru – 560034, Karnataka, India
2
Assistant Professor, Department of Management Studies, Rajalakshmi Engineering College, Thandalam, Chennai – 602105, Tamil Nadu, India
3
Assistant Professor-II, Department of Commerce, School of Tribal Resource Management, KISS Deemed to be University, Higher Education Campus, Campus-4, KIIT, Bhubaneswar – 751024, Odisha, India.
4
Professor, Department of Management Studies (MBA), Visvesvaraya Technological University, Centre for PG Studies, Muddenahalli – 562101, Karnataka, India
5
Dean Academics, Department of Business Management, St. Mary's Centenary Degree College, St. Francis Street, Secunderabad – 500025, Telangana, India
6
Research Scholar, Department of Management Studies (MBA), Visvesvaraya Technological University, Centre for PG Studies, Muddenahalli – 562101, Karnataka, India
Abstract

Inclusive growth has emerged as a key objective for emerging economies seeking to reduce poverty, promote equitable development, and ensure access to financial services for underserved populations. Small Finance Banks (SFBs), introduced to bridge the gap between formal banking institutions and financially excluded communities, have become important contributors to financial inclusion. By providing affordable banking services, microcredit, savings facilities, digital payment solutions, and financial literacy initiatives, SFBs support the economic empowerment of low-income households, micro and small enterprises, women entrepreneurs, and rural communities. ThE article examines the role of Small Finance Banks in promoting inclusive growth, highlighting their contributions, challenges, and policy implications. The study adopted a descriptive research design to assess the impact of Small Finance Banks on inclusive growth in emerging economies. Primary data were collected from 150 respondents who were customers of selected Small Finance Banks. he study employed the convenience sampling technique, wherein respondents were selected based on their accessibility and willingness to participate in the survey.It concludes that while SFBs have significantly expanded financial access, continued regulatory support, technological innovation, and customer-centric services are essential for maximizing their developmental impact

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