Financial Inclusion through Saving and InyCvStment o f Urban Slum Women A Socio-Economic Analysis
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Date
2010
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Abstract
hi Jitdia, Last fifteen years has witnessed growth in financial services unfolded b y Liberalization and
(dobalization o f fnianciai services due to adoption o f infortnation technology and unlocking o f the regularity framr
work. But, alongside thesepositiye deyelopnients there are evidences that formal financial sector s till excludes a large
section o f population. Financial inclusion among women investor is very important. Because, Women investors hold
ili/fcrent perceptions on liquidity', collateral quality, statutory protection, etc., for various investment avenues. In
addition, th ey fix their priorities for these perceptions. The formation o f perceptions triggers the investment proces:,
II I its own way', often leading to unrealistic apprehensions especially among women investors. The present study seek s
to examine the awareness o f 125 urban slum women's towards savings and investment pattern. The respondents were
selected b y cluster convenient sampling technique in Coimbatore city’ o f Tamil Nadu. The relevant data on the fic to is
llillucncing about the .Socio-economic status, status o f financial liabilities purpose o f savings and investments were
yollected with the help o f well- structured questionnaire. Majority o f the respondents have given top p rio r ity towards
In surance p ro d u c t by' applying percentage analysis. The chi-square test reveals that, pattern o f saving, schemes of
Investment among urban slum women investors vary according to their socio-economic condition. The multiple
Vrgressions analysis te s t reveals that purpose o f savings, pattern o f savings, schemes o f investment and monthiv
saving o f urban slum women are closely associated with their tyjic o f occupation.