An Empirical Investigation of Region Wise Performance of Scheduled Commercial Banks Towards Financial Inclusion In India on Selected Parameters

The development of an economy in the real sense exists when there is uniformity in growth and the benefit of growth accrues to all the sectors of the economy. Thus, to attain inclusive growth, the concept of financial inclusion evolved which is linked with ensuring timely and adequate resource generation and mobilisation by vulnerable sections of the society at affordable cost. The present study highlights the steps taken by Reserve Bank of India for financial inclusion and analyses the performance of Scheduled Commercial Bank at all India Level and Regional levels. The study brings out that at all India Level, the performance of Scheduled Commercial Banks in terms of social and economic development is praiseworthy but still there exists regionwise disparities in terms of Inclusive growth.