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Inclusive growth has been a major focus of the Government of India in the recent days towards achieving harmonious development of the country. A major initiative in this direction has been taken by the government of India in collaboration with the country's Reserve Bank emphasising on financial...
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With an active intervention of the government, the large number of the unbanked sections of the society could be 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...
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the local currency. Further, these institutions can allow regular remittance flows to act as collateral for the allocation …
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This article examines research reviews of financial inclusion comprehensively in terms of its nature, basic reasons behind financial exclusion, costs, and implications of financial exclusion in developing countries. Specifically, the study intends to analyze the extent to which the existing...
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