• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

This has reference to your editorial `Inclusion is more than an account' (Business Line, December 7) emphasising the need for banks to expand in un-banked rural areas to garner savings.

There are two main factors for the decline in savings: Increasing consumerism among the urbanites and low earnings of those in the rural areas. With much of the rural population still below poverty line, where is the scope for mobilising savings?

There is a need to improve the funds flow to the rural economy in order to increase the earnings potential of the rural population.

L. Rangarajan,

Vadodara

Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in

More Stories on : Letters | Banking | Small Savings

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Electrifying start

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line