Financial inclusion: Is the availability and equality of

Financial inclusion is the availability and equality of opportunities to access financial services. [1] It refers to processes by which individuals and businesses can access appropriate, affordable, and timely financial products and services—which include banking, loan, equity, and insurance products. [2][3] It provides paths to enhance inclusiveness in economic growth by enabling the unbanked population to access the means for savings, investment, and insurance [4] towards improving ... Learn about financial inclusion, why it matters for economic growth, poverty reduction, and real-life examples like Jan Dhan Yojana and M-Pesa. Financial Inclusion may be defined as the process of ensuring access to financial services and timely and adequate credit where needed by vulnerable groups such as weaker sections and low-income groups at an affordable cost (The Committee on Financial Inclusion, Chairman: Dr. C. Rangarajan). Who We Are » Overview » Meet the Ministers » Banking » Banking Laws » Insurance » Insurance Laws » Pension Reforms » Laws » Financial Inclusion » Flagship Schemes » Public Financial Institutions » Cyber Security & Fintech » Cyber Security & Fintech » Digital Payments » Incentive Scheme Grievances » Analytics » Press Releases