Authors: Dr Janardhan Kumar
Abstract: Small Finance Banks (SFBs) were introduced in India to promote financial inclusion among underserved populations, especially in rural and semi-urban areas. This study examines the impact of SFBs on rural communities in Davanagere District, Karnataka. The research adopts a descriptive and analytical approach using both primary and secondary data. The findings reveal that SFBs have significantly improved access to credit, enhanced savings habits, promoted entrepreneurship, and contributed to socio-economic development. However, challenges such as financial literacy gaps, repayment issues, and technological barriers persist. The study concludes with policy suggestions to strengthen the role of SFBs in rural transformation.
DOI: https://doi.org/10.5281/zenodo.20108381
