Article : Financial Inclusion In India

Title

Financial Inclusion In India

Author

Dr. Laila Memdani, K.Rajyalakshmi

The article discusses about financial inclusion in India, its evolution over six decades and progress achieved so far. The article also compares the financial inclusion in India with United States, United Kingdom, Germany, Russia, Brazil and China. The article concludes that, considering the vastness of the country, the progress is too small and banks and financial institutions need to synchronise all their energies towards financial inclusion because the development of the economy depends to a large extent on the extent of financial inclusion in the country.

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