Volume : 10, Issue : 1, JAN 2024

DEVELOPMENT OF BANKING IN RURAL CHHATTISGARH (2001-2023)

DR. SANJAY KUMAR SINGH

Abstract

This research paper examines the transformative journey of rural banking development in Chhattisgarh from 2001 to 2023, tracing the evolution from basic banking infrastructure to comprehensive digital financial inclusion. The study analyzes key policy interventions, technological adoptions, and institutional frameworks that have shaped rural banking accessibility in India's youngest state. Through systematic analysis of government data, institutional reports, and policy documents, this research reveals that rural banking in Chhattisgarh has achieved remarkable progress, with over 99% village coverage, 620 rural branches serving 93% non-urban areas, and significant growth in digital banking adoption. The findings demonstrate how coordinated efforts between government initiatives, regulatory frameworks, and institutional innovations have successfully bridged the rural-urban financial divide, contributing to enhanced financial inclusion and rural economic development.

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IESRJ

International Educational Scientific Research Journal

E-ISSN: 2455-295X

International Indexed Journal | Multi-Disciplinary Refereed Research Journal

ISSN: 2455-295X

Peer-Reviewed Journal - Equivalent to UGC Approved Journal

Peer-Reviewed Journal

Article No : 16

Number of Downloads : 192

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