Global Financial Inclusion Environment: the Nexus to India

Promotion of financial inclusion is a common developmental theme for the developing nations and is the key to inclusive and balanced economic growth. Providing the poor with improved facilities to save and to have better access to credit and insurance helps them manage risk, build assets, increase income, and enjoy a better life. Various countries in the world have adopted different models, strategies and mechanisms to achieve the aim of inclusive financial growth. Despite the impressive achievements, half of the world¿s population is still without access to savings accounts, insurance, and other financial services, and about 95 per cent of the unbanked are in developing countries. The present book entitled ¿Global Financial Inclusion Environment: the Nexus to Indiä is a modest attempt and highlights the financial inclusion enabling environment across 55 countries, global financial inclusion and its nexus to India, 12 pillars¿ framework for successful financial inclusion in India. This book has been brought out to meet the requirements of students, researchers, bankers, policy makers, etc.