A Study on Financial Inclusion and its Impact on Quality of Life

ICSSR-NLSFIRU-2018 | SPECIAL ISSUE | SEP-2018 | Published Online: 05 October 2018    PDF ( 251 KB )
Author(s)
SnehaJohn.P 1; Reena .S. 2

1M.Phil Scholar, Department of Commerce, SNGC College, Chavadi , Coimbatore (India)

2Assistant Professor, Department of Commerce, SNGC College, Chavadi, Coimbatore

Abstract

Financial inclusion means bringing together all the financial services at a reasonable cost to extensive sections of poor income groups who were removed from formal financial system. Many of the people excluded from the formal financial system cannot access financial services due to falling policies and failures in the market. Financial inclusion is now being considered as an instrument to reduce poverty and thereby providing development to meet financial needs.

Keywords
Financial inclusion, Financial Service
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