Paper Title
Financial inclusion in India- An overview of Initiatives, Achievements and Challenges
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Authors
Keywords
financial inclusion, financial exclusion, economic correspondent, KCCs, GCCs.
Abstract
Finance has become an integral part of the economy, not only for national economies, but also for the development of societies. To that end, we need a strong financial system to achieve sustainable growth not only in underdeveloped and developing countries, but also in developed countries. The inclusion of Financial allows for equitable and inclusive growth for the nation. Financial inclusion is the provision of affordable, adequate, and timely financial services to vulnerable groups, such as low-income individuals and vulnerable groups without access to basic banking services. In this article, researchers seek to understand financial inclusion and its importance to the overall social and economic development of countries. This study highlights the approaches taken by various Indian banks to achieve the goal of financial inclusion for inclusive growth in India, and reviews the progress made over the past few years and the achievements of the Focus on analytics. Data relevant to this study were collected using various Research journals, articles, reports from RBI, reports from NABARD, and online resources.
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How To Cite (APA)
Dr Richa Agrawal & Dr Jitin Gambhir (November-2022). Financial inclusion in India- An overview of Initiatives, Achievements and Challenges. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 7(11), a280-a289. https://ijnrd.org/papers/IJNRD2211029.pdf
Issue
Volume 7 Issue 11, November-2022
Pages : a280-a289
Other Publication Details
Paper Reg. ID: IJNRD_183563
Published Paper Id: IJNRD2211029
Downloads: 000122255
Research Area: Management
Author Type: Indian Author
Country: Ghaziabad, Uttar Pradesh, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2211029.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2211029
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