Modern Financial Inclusion In India : Policies And Programme's Book

Our company has earned fame and name in the supplying, exporting and manufacturing of Financial Inclusion in India : Policies and Programme's Book in Delhi, 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 counseling, 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 recognized to be enormous for the society as well as for individuals, particularly in terms of inability to realise full potential due to financial constraints. In order to ensure financial inclusion of the poor, particularly in rural areas, various initiatives have been taken by the Government of India and the Reserve Bank of India (RBI) from time to time. These have included nationalization of commercial banks in 1969 and 1980, establishment and expansion of rural credit co-operatives, regional rural banks (RRBs), urban co-operative banks.