19% of India’s population still unbanked: Assocham-EY report
Govt and RBI have made several efforts to promote financial inclusion, but a significant percentage of the population remains unbanked due to lack of last-mile connectivity
New Delhi: India’s financial services ecosystem lags in terms of physical infrastructure and has failed to reach the poor people, with more than 19% of the population unbanked or financially excluded, says a report.
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