ZENITH International Journal of Business Economics & Management Research
  • Year: 2013
  • Volume: 3
  • Issue: 9

Reaching to masses through financial inclusion

  • Author:
  • Ashish Daptardar, Chandan Dasgupta, Subiksha Krishnamoorthy
  • Total Page Count: 10
  • Page Number: 135 to 144

*Vice Principal, Dwarkadas J Sanghvi College of Engineering, Mumbai, Maharashtra, India

**Professor, SBM NMIMS University, Mumbai, Maharashtra, India

***Ex Student, Dwarkadas J Sanghvi College of Engineering, Mumbai, Maharashtra, India

Online published on 7 April, 2014.

Abstract

The promotion of an inclusive financial system is considered as a priority matter in many countries. Financial inclusion is easy accessibility, availability and use of financial services by all stakeholders in the economy. The literature survey has shown plenty of evidence of merits of an all inclusive financial services. In the study we tried to find out the causes of financial Exclusion. Also we make an attempt to find how the process of financial inclusion is initiated and developed in India. What are the various measures taken by RBI to reach financial Inclusion to the masses? We also would like to highlight use of India Post for financial inclusion in our country. We would like to give some recommendation in the same context which may be useful for further developing the topic and further research.

Keywords

Financial exclusion, Financial Inclusion, India Post