A STUDY ON FINANCIAL INCLUSION AND THE ROLE OF BUSINESS CORRESPONDENTS WITH SPECIAL REFERENCE TO MAREDIMILLI MANDAL IN EAST GODAVARI DISTRICT

Financial Inclusion enables the access of various financial services to the unbanked. Financial Inclusion matters a lot as it has a long term economic growth which helps in the reduction of poverty and thus leading to monetary and financial stability. At places where banks can’t be established, Business Correspondents are employed to render financial services to the people on behalf of the bank. The present study is to know the status of Financial Inclusion in Maredimilli mandal through the Business Correspondents is being analysed along with the challenges identified during the process of implementation.