Financial inclusion and Assam Gramin Vikash Bank- An overview of performence in Assam with special reference to Sivasagar district

Strong and vigorous financial institution are the pillars of economic growth. Lack of accessible, affordable and appropriate financial services has always been a global problem. Therefore, the significance of an inclusive financial system is widely accepted across the world. Financial Inclusion becomes a policy measures in India to address the issue of poverty which would ensure avenues for people. So Reserve Bank of India (RBI) has been constantly encouraging the banking sector to develop the banking network. The establishment of Regional Rural Banks (RRBs) is one of the major steps taken by Govt. of India to make the financial system all inclusive. Following RBI Directives, Assam Gramin Vikash Bank (AGVB), the largest RRB in North East India, has been taking different initiatives towards financial inclusion. In the present paper, an attempt is made to overview the initiatives undertaken and progress made so far in the field of financial inclusion by AGVB in Assam with special reference to Sivasagar District. The paper is descriptive and analytical in nature with secondary sources of database.