Analysis Of Factors Influencing Financial Inclusion Of Rural People: An Empirical Study
Main Article Content
Abstract
A large portion of population in rural areas has an inadequate access to financial services at affordable prices which is the major factor behind their economic backwardness. India began the journey of its financial inclusion as early as in 1955 with the nationalization of Imperial Bank of India & renaming it as State Bank of India. The main objective of nationalization of banks was to ensure banking activities in those sectors & areas which previously remained neglected, with this back drops, this paper aims to examine the factors influencing financial inclusion of rural people. The study is based on primary and secondary data. The required primary data have been collected through interview schedule method. The primary data have been collected from total 936 respondents by employing random sampling technique. The required secondary data was collected from articles, magazines etc.