India
Research Article
Financial Inclusion in India: Shifting the Base towards Crowning Glory
Author(s): Mehta L, Jindal S and Singh KMehta L, Jindal S and Singh K
India aims to achieve a growth target of 9% through its 12th five year plan (2012-2017) by emphasizing on faster, sustainable and more inclusive growth, terming it as “ financial inclusion “ which is emerging as a new paradigm of economic growth. From a total of 403 million bank users in India, almost 40% of the huge Indian population lacks basic services such as saving A/c and credit facilities. RBI is striving continuously to solve this problem by increasing the bank penetration, nationalizing of bank.. Read More»