FINANCIAL INCLUSION OF MARGINALIZED COMMUNITIES

Cost-effectively extending access to core financial services for underserved communities is what we mean when we talk about "financial inclusion." Increased growth, less inequality, and less poverty are all outcomes of this facet of financial development. Financial exclusion may be a result of a number of factors, including but not limited to poor wages, the gender gap, lack of knowledge about disadvantaged groups, a lack of financial literacy, geographical isolation, and cultural obstacles. Along with numerous changes and the growth of the digital infrastructure, there have been gains in the level of inclusion, particularly during the last decade. Nonetheless, there are still matters that call for preventative steps on the part of the government.