Asian Journal of Multidimensional Research (AJMR)
  • Year: 2016
  • Volume: 5
  • Issue: 3

Financialinclusion-growth and current scenario

  • Author:
  • A.K. Rajula
  • Total Page Count: 11
  • Page Number: 50 to 60

FDP Guest Lecturer, Commerce Department, Zamorin's Guruvayurappan College, Calicut

Online published on 11 July, 2017.

Abstract

Financial inclusion was initiated with a view to providing financial services to all sections at affordable costs. The Government initiated so many measures for providing these services to all society. Access to bank and credit facilities are not so encouraging. Measures of financial inclusion help them to overcome this deficiency by providing these facilities at cheapest cost to all sections of society. This paper is about financial inclusion-growth and current scenario. The objectives of the study are to know the various measures introduced by the government for financial inclusion and analyze the influence of these measures. For analyzing such facts for the study has been gathered through secondary data sources. The study conclude that the newly started programmes lead to improvement in total banking business and it increase the overall banking usage by whole people whether they are rural or urban.

Keywords

Financial inclusion, Customer, Services