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BANKING SECTOR AND EMPOWERMENT: A PATHWAY TO INCLUSIVE GROWTH

Dr B. Lakshmana Rao B. Lakshmana Rao

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Paper Contents

Abstract

The banking sector is not only a financial backbone but also a powerful instrument for economic and social empowerment. Through initiatives like financial inclusion, microfinance, and digital banking, banks have played a key role in reducing poverty, promoting entrepreneurship, and bridging socio-economic gaps. This study investigates the extent to which banking services contribute to the empowerment of marginalized communities, especially women, rural populations, and micro-entrepreneurs. Using empirical data and policy analysis, the research evaluates how access to formal banking influences economic independence and social agency.

Copyright

Copyright © 2025 Dr B. Lakshmana Rao. This is an open access article distributed under the Creative Commons Attribution License.

Paper Details
Paper ID: IJPREMS50400032871
ISSN: 2321-9653
Publisher: ijprems
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The International Journal of Progressive Research in Engineering, Management and Science is a peer-reviewed, open access journal that publishes original research articles in engineering, management, and applied sciences.

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