A Study on the Impact of Financial Inclusion on Poverty Alleviation with Special Reference to Bangalore South

Abstract

Finance is an essential part of any economy for development of society as well as development of nation. Strong financial system of a country will lead to better development of the economy of the country. Any country weather developing, under developing or developed need to have a good financial system. Financial inclusion will help the country to have a better financial system. Financial inclusion means that individual and a business access to useful and affordable financial products and services that meets their needs. This paper studies about poverty alleviation through financial inclusion in Bangalore south. Both primary and secondary data have been used to analyze the impact of financial inclusion on poverty alleviation. To study the initiatives taken by various banks to reduce poverty through financial inclusion.