... savings motive of the poor is irregular The poor prefer informal savings which offer easy access and convenience Informal savings mechanism prevailing in India can be summarised as under: (i) Stashing ... facilitate the poor to have access to the banking network Besides these measures, different approach is required to bring informal saving of the poor into the formal financial system Role of Banks ... harvesting Their income depends on the availability of work and also the income they receive From the income received, they have the tendency to save for future On account of seasonality, the savings...