1Assistant Professor in
2Assistant Professor in
*Corresponding Author: kajalkirankakkar@yahoo.in
Financial Inclusion is the key to attain equitable and inclusive growth in an economy. A nation can grow socially and economically only if its weaker section becomes independent financially. Financial inclusion is the delivery of suitable financial products and services at an affordable cost, on timely basis to the vulnerable section of the society who are not able to access even the most basic banking services. This study attempts to highlight the need of financial inclusion, initiatives taken by banking sector to achieve financial Inclusion and analyzes the current and likely performance of scheduled commercial banks under financial inclusion plans. The study reveals that financial inclusion efforts of scheduled commercial banks are playing a remarkable role for social and economic development of the society and the next four year performance (2018–2021) is also very promising.
Financial Inclusion, Kisan Credit Cards, no frill accounts, Basic Saving Bank Deposit Account, General Purpose Credit cards
