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Rural Finance Literature Review and Future Research Agenda


Affiliations
1 Department of Finance, Symbiosis Institute of Business Management, Tal Mulshi, Pune – 412115, Maharashtra, India
2 Department of Operations, Symbiosis Institute of Business Management, Tal Mulshi, Pune – 412115, Maharashtra, India
 

Purpose: The purpose of this paper is to provide a mixed analysis of the extant literature on rural finance, its effect and limitations. Design/Methodology/Approach: A total of fifty papers were studied and assessed in terms of nature of research, the impact and its limitations. The papers were collected from various journals available at different online databases. Findings: The major finding was how much is the rural economy developed in terms of financial planning. Most of the studies are India based and focused on the recent trend of rural finance, its effect on the overall economy, the way forward and the limitations. Research Limitations: The limitation of this paper is that maximum of the papers read are India based and so a generalised concept about the entire world cannot be made. Originality/Value: The study is an attempt to provide an in-depth analysis for both future prospects and academic prospects.

Keywords

Digital Growth, Rural Credit, Rural Finance, Rural Income Dynamics, Rural Supply and Demand
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  • Rural Finance Literature Review and Future Research Agenda

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Authors

Satyajeet Jagdhane
Department of Finance, Symbiosis Institute of Business Management, Tal Mulshi, Pune – 412115, Maharashtra, India
Sekhar Chowdhury
Department of Finance, Symbiosis Institute of Business Management, Tal Mulshi, Pune – 412115, Maharashtra, India
Jehan Vesuna
Department of Finance, Symbiosis Institute of Business Management, Tal Mulshi, Pune – 412115, Maharashtra, India
Aayush Modi
Department of Operations, Symbiosis Institute of Business Management, Tal Mulshi, Pune – 412115, Maharashtra, India
Akshay Kumar Wankhede
Department of Operations, Symbiosis Institute of Business Management, Tal Mulshi, Pune – 412115, Maharashtra, India

Abstract


Purpose: The purpose of this paper is to provide a mixed analysis of the extant literature on rural finance, its effect and limitations. Design/Methodology/Approach: A total of fifty papers were studied and assessed in terms of nature of research, the impact and its limitations. The papers were collected from various journals available at different online databases. Findings: The major finding was how much is the rural economy developed in terms of financial planning. Most of the studies are India based and focused on the recent trend of rural finance, its effect on the overall economy, the way forward and the limitations. Research Limitations: The limitation of this paper is that maximum of the papers read are India based and so a generalised concept about the entire world cannot be made. Originality/Value: The study is an attempt to provide an in-depth analysis for both future prospects and academic prospects.

Keywords


Digital Growth, Rural Credit, Rural Finance, Rural Income Dynamics, Rural Supply and Demand

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DOI: https://doi.org/10.53739/samvad%2F2021%2Fv22%2F164044