In developing countries like India, mobilization of rural saving is necessary for inclusive growth. This micro study, aims at ascertaining the significance of financial institutions in mobilizing financial saving of rural/ semi-urban households. It is based on the primary data collected from full scale sample survey conducted in five villages and two suburban areas of National Capital Region, India. A hierarchal regression carried out on this data identified that the membership of financial institutions, specifically that of banks, insurance and informal financial institutions explains significant proportion of the variation in the rural household financial saving.
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