Doctoral Student, Faculty of Management Studies, University of Delhi
Online published on 24 February, 2015.
The academic literature has advocated the close relation amid financial expansion and growth of economy. The importance of a well-structured financial system is widely recognized globally, and the financial inclusion is seen as a policy priority in many countries. The increased emphasis on financial inclusion reflects a growing realization of its potentially transformative power to accelerate development gains. This paper recognizes the role of financial inclusion in inclusive growth in India.