An Empirical Study Of Interest Rate Marketization On Inclusive Finance

The position of interest rate in the financial market is extremely important.Its role is mainly reflected in the measurement of capital price,which can guide the trend of capital,make it gradually move towards an efficient industry,and make the allocation of resources more reasonable.When discussing the relationship between market supply and demand,the change of interest rate can show it and will significantly affect the economic operation.In the process of adopting macro-control means,the National Central Bank mainly bases on interest rate.The change of interest rate can present the relationship between capital supply and demand in the financial market,so the state has always paid high attention to the change of interest rate,and takes it as an important measure of financial market management.At the end of last century,the theory of financial deepening came into being with the development of the financial market,and became more and more mature with the continuous development and improvement.Subsequently,some countries represented by the United States and Japan also made a lot of exploration in the process of realizing the reform of financial liberalization,and the risk return situation has changed.Therefore,it is particularly important to study the impact of interest rate marketization on the inclusive financial development and risk management of rural credit cooperatives.Through the investigation on the development of Inclusive Finance in Guizhou Province,this paper believes that the province is still in the primary stage of development in this regard,and there are many problems in theory and practice.Therefore,it is of great significance to conduct in-depth research on the development of Inclusive Finance in Guizhou Province,which plays a role in promoting the development of local rural economy.It can also alleviate the financing difficulties of small and medium-sized enterprises.This paper applies the theories of interest rate marketization and Inclusive Finance,constructs pest macro environment analysis model,uses SWOT to explore the relationship and impact between interest rate marketization and Guizhou rural credit,determines the indicators before and after interest rate marketization,and makes a horizontal comparison.The empirical results show that:1.Under the marketization of interest rate,the narrowing of deposit loan interest margin increases the credit risk and liquidity risk faced by Guizhou rural credit cooperatives,which is not conducive to the development of Inclusive Finance;2.Sufficient self-owned capital can promote Guizhou rural credit cooperatives to carry out their own inclusive financial business and reduce risks;3.If the scale of the bank is larger,reducing the proportion of deposit and loan plays an important role in improving the liquidity of the bank;4.If the expansion of weak banking business exceeds a reasonable range,it may expose banks to greater risks.Finally,using the empirical result to promote the development of rural Inclusive Finance under the interest rate marketization.