India's financial inclusion agenda has witnessed a paradigm shift over the last decade, away from an emphasis on credit … to a more comprehensive approach toward financial services (e.g., opening bank accounts and offering basic financial … products, such as insurance). This paper describes the structure of banking and microfinance institutions in India relevant to …

included into different financial services. Over the years, the number of bank accounts has been increasing. Certain socio …-economic factors, like educational level, age group and employment decide the extent of the number of the bank holders. But some …