India is a country where a large amount of population lives in rural areas that are engaged into agriculture and allied activities. These people consist of the vulnerable groups, who remain excluded from even the most basic amenities provided by the finan

Abstract

India is a country where a large amount of population lives in rural areas that are engaged into agriculture and allied activities. These people consist of the vulnerable groups, who remain excluded from even the most basic amenities provided by the financial sector. The prime objective of financial inclusion is to provide the financial services to such areas and enables them to better integrate into the economy. Commercial banks play a major role in the economic development of a country like India. This paper discusses the initiatives of commercial banks for the purpose of financial inclusion. It is my endeavour to analyze the initiatives taken by the Government of India and Reserve Bank of India for Financial inclusion.