Financial Inclusion : Current Status in India

Abstract

'Financial inclusion' is aimed at delivery of banking and financial services at affordable costs to the un-banked sections of disadvantaged and low income segments of society so as to unlock their savings and investment potential. The reasons for 'financial exclusion' may vary from country to country though it is not disputed by any that 'financial inclusion' is the only solution for lifting the financial conditions and standards of the poor and downtrodden.