• SANJAY KUMAR SINGH

In the developing country they have low literacy level and low awareness of financial inclusion. Financial inclusion refers to the delivery of all types of financial services in a convenient manner and at the payable cost to major sections of the population and low income group population. Financial inclusion is that pathway for India needs to travel toward becoming a global player. A comparison has been made between India and some other selected countries regarding numbers of bank branches, ATMs, bank credit etc. for the identification of India’s position in financial inclusion. It also attempts to know the various strategies adopted by Reserve Bank of India for strengthening the inclusion. Financial inclusion or inclusive financing is the provide to better facilities of financial services in banking system, at minimize costs, to reduce sections of disadvantaged and low income segments of society. There have been many formidable challenges in financial inclusion area such as point out the gap between the sections of society that are financially excluded within the formal financial system, providing them financial literacy and strengthening credit delivery mechanisms. This is the way to improved the financial economic growth of a nation. A nation can grow economically and socially if its weaker section can turn out to be financial independent.

Financial inclusion, developing nation, bank and financial services

"THE STUDY OF FINANCIAL INCLUSION FOR DEVELOPING NATIONS WITH SPECIAL REFERENCE TO INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 5, page no.431-438, May-2019, Available :http://www.jetir.org/papers/JETIR1905665.pdf

"THE STUDY OF FINANCIAL INCLUSION FOR DEVELOPING NATIONS WITH SPECIAL REFERENCE TO INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 5, page no. pp431-438, May-2019, Available at : http://www.jetir.org/papers/JETIR1905665.pdf