Role of ESAF Small Finance Bank in Leveraging Financial Services in Rural Area with Special Reference to Thiruvananthapuram District

Arathy Krishnan R K; Nimi Dev R

doi:10.59640/cbr.v14i1.151-156

Arathy Krishnan R K Govt College for Women Thiruvananthapuram
Nimi Dev R Govt College for Women Thiruvananthapuram

DOI: https://doi.org/10.59640/cbr.v14i1.151-156

Keywords: Financial inclusion, Small Finance Bank, Financial Services

Abstract

ESAF small finance bank is a new generation bank which is headquartered at Thrissur Kerala. As a new bank it is aimed at widening financial inclusion and promoting sector wise financial assistance across India. ESAF small finance bank provides a wide variety of financial services such as deposits, funding, insurance and several beneficial programs to the society. The present paper is focused on the role of ESAF small finance bank in leveraging financial inclusion in rural areas by providing various facilities to meet their various needs. The paper is aimed at analysing various financial assistance
by ESAF small finance bank mainly for launching small business units and also the paper analaysess the relevance of various schemes of ESAF.

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