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Financial Inclusion and NBFCs

In: Non-Banking Financial Companies Role in India's Development

Author

Listed:
  • R. Kannan

    (Madras School of Economics)

  • K. R. Shanmugam

    (Madras School of Economics)

  • Saumitra Bhaduri

    (Madras School of Economics)

Abstract

While it is globally accepted that the development of financial services is essential for growth of any economy, it is only recently that many nations including India have realized that benefits of growth might not trickle down to the lower strata of the society unless it is inclusive.

Suggested Citation

  • R. Kannan & K. R. Shanmugam & Saumitra Bhaduri, 2019. "Financial Inclusion and NBFCs," India Studies in Business and Economics, in: Non-Banking Financial Companies Role in India's Development, chapter 0, pages 81-94, Springer.
  • Handle: RePEc:spr:isbchp:978-981-13-3375-0_7
    DOI: 10.1007/978-981-13-3375-0_7
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