A STUDY ON LEVEL OF FINANCIAL INCLUSION IN KERALA

Financial inclusion refers to the availability and accessibility of financial products and services to all members of society, particularly those who are traditionally underserved by mainstream financial institutions. It seeks to promote economic growth, reduce poverty, and increase financial stability by enabling individuals and businesses to access the financial tools they need to manage their finances, invest in their future, and grow their businesses. Financial inclusion initiatives aim to remove the barriers that prevent people from accessing financial products and services, such as inadequate financial literacy, high transaction costs, and a lack of identification. Achieving universal financial inclusion is critical for promoting equitable economic growth and reducing social and economic disparities, particularly in developing countries where access to financial services is limited. However, financial inclusion is an ongoing effort that requires additional research, innovative solutions, and collaboration among stakeholders to ensure that everyone has access to the financial services they need to succeed.