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ORIGINAL ARTICLE
ASSESSING THE EXTENT OF FINANCIAL INCLUSION
THROUGH BANK OFFICE EXPANSION IN HARYANA
1
Chaudhary Devi Lal University, Department of Economics, Sirsa, India
These authors had equal contribution to this work
Submission date: 2024-01-18
Final revision date: 2024-02-06
Acceptance date: 2024-02-08
Online publication date: 2024-03-28
Publication date: 2024-03-28
Corresponding author
Economic and Regional Studies 2024;17(1):133-148
KEYWORDS
JEL CLASSIFICATION CODES
G50
TOPICS
ABSTRACT
Subject and purpose of work: The study presents a comprehensive analysis of the banking
sector in Haryana from 2007 to 2022. Materials and methods: The study is based on secondary data. The number of bank branches,
deposits, and credits in the state are just a few economic indicators covered in the Statistical
Abstract of Haryana. The compound growth rate is calculated to assess the growth of a bank. Results: The findings reveal a consistent rising trend in bank branches, credit and deposits of
commercial banks. Notable trends include increasing bank branches, a surge in deposits and
robust credit growth, indicating a dynamic and thriving banking sector. The Credit-Deposit ratio
gradually increased from 2007 to 2011, reaching a peak in 2012 at 102.10%. Conclusions: The overall number of bank offices has increased dramatically due to the state’s
growing financial sector. The steady expansion in bank branches indicates a sustained effort to
improve accessibility and financial inclusion.
PEER REVIEW INFORMATION
Article has been screened for originality
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