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Financial Inclusion Challenges in India by sanjayita is a document available to read on EtoBox.
What is Financial Inclusion Challenges in India about?
Financial inclusion aims to provide banking services to disadvantaged and low-income groups in India. Currently, the majority of Indians are excluded from formal financial services. Limited access to affordable savings, loans, remittances, and insurance constrains growth, especially in rural and unorganized sectors. Recent government measures to promote financial inclusion include simplified know-your-customer rules, general purpose credit cards, one-time loan settlements, and partnerships with non-profits
- Author
- sanjayita
- Language
- EN