India's banking system still does not reach a majority of the country's population. The poor do not have bank accounts and continue to depend on moneylenders. Microfinance institutions have made headway with communities and self-help groups of women, but in the absence of policy and a national strategy vast numbers remain left out.
Links:
[1] http://admin.indiaenvironmentportal.org.in/feature-article/financial-inclusion-key
[2] http://admin.indiaenvironmentportal.org.in/category/journal/civil-society
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/development
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/economic-development
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/finance
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/poverty
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/governance-and-institutions
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india