As a country with the 7th largest economy globally and demonstrating consistent high economic growth, rural India has had a crucial role to play. Two-third of the population resides in villages and small towns in the country. And, to bridge the social divide and achieve a well-distributed, robust and sustainable economic growth, financial inclusion is key.
Access to financial services opens the doors for families, allowing them to smooth out consumption and invest in their future through education and health. This report focuses on financial Inclusion in rural India covering specific public sector initiatives and private sector innovations in the areas of banking, ATM and other modes of payment.
This report provides an insight on how the private sector companies with the support of the government are leveraging on digital technology to capture the vast opportunities offered by rural India.