About the Book: Financial Inclusion in India
It is well-known that in India, while one segment of the population has access
to assortment of banking services encompassing regular banking facilities and
portfolio counselling, the other segment of underprivileged and lower income
group is totally deprived of even basic financial services. Exclusion of large
segments of the society from financial services adversely affects the overall
economic growth of a country. Apart from the rural areas, there is a significant
degree of financial exclusion in urban areas as well. The cost of financial
exclusion is recognised to be enormous for the society as well as for
individuals, particularly in terms