Role of Commercial Banks in Financial Inclusion: Analysis Through Awareness Given by Banks

Authors

  • Siva Sankar K Ph.D Commerce (Part-time), P.G. and Research Department of Commerce, Ayya Nadar Janaki Ammal College, Sivakasi, Virudhunagar, Tamilnadu, India.
  • Selvakumar M Head, P.G. and Research Department of Commerce, Ayya Nadar Janaki Ammal College, Sivakasi, Virudhunagar, Tamilnadu, India.

Keywords:

Financial Inclusion, Commercial Banks, NFA, IT and OFI

Abstract

Financial inclusion is a crucial element to develop the economy of the country. Today, the financial inclusion is very essential to achieve the national objectives and major concern for the economic policy decision makers. Society will progress only if there is financial independence for all the stakeholders and thus the importance of financial inclusion. Providing access to finance is a form of empowerment of the weaker sections. This research study is needed for social development. Financial inclusion will strengthen financial deepening and provide resources to the banks to expand credit delivery. Thus, financial inclusion will lead to financial development in India which will help to accelerate economic growth.

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Published

20-10-2021

How to Cite

Siva Sankar K, & Selvakumar M. (2021). Role of Commercial Banks in Financial Inclusion: Analysis Through Awareness Given by Banks. International Journal of Management Studies (IJMS), 5(Spl Issue 2), 45–53. Retrieved from https://researchersworld.com/index.php/ijms/article/view/1599

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