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About Financial Inclusion in India: A Theoritical Assesment: Management
The document discusses financial inclusion in India based on a research paper. It provides background on financial inclusion and its importance. Key statistics from a World Bank survey show that 35% of Indians have formal bank accounts, lower than the global average of 50%. The government of India and RBI have implemented measures to promote inclusion like business correspondents, relaxed KYC norms, and financial literacy programs. Banks in India have submitted 3-year financial inclusion plans to the RBI to expand access to financial services.
Detailed Information
| Author: | ['Vidhi Bansal'] |
|---|---|
| Publication Year: | 2013 |
| Pages: | 6 |
| Language: | English |
| Format: | |
| Price: | FREE |
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