A STUDY OF ISSUES OF FINANCIAL INCLUSION IN UNBANKED AREA OF JALGAON DISTRICT WITH SPECIAL REFERENCE TO IDBI BANK LTD

With focus on inclusive growth, the Indian government has been encouraging opening of bank accounts for the nation's huge unbanked population by providing government benefits through such accounts. ICT solutions have made such initiatives possible at relatively low cost While the growth, that India has seen during the past decade has been impressive, there are some concerns about the dimensions related to financial services. Lot of work needs to be done before the concerns of absolute poverty can be addressed. The low income households in India have very little awareness of banking, credit and insurance related services through which they can enhance and protect their financial resources during times when they are unexpectedly struck by illness, natural disasters or death of the primary breadwinner