Abstract:
We critically look at the factors of expanding financial services access for the poor in terms of measure, impact, policies,
barriers and promotion along with actions taken in the Indian context in the past and the present. We suggest that the
corrective actions to be taken in the future should be more dynamic with respect to market development along the path to
an inclusive digital financial system tailor made to our interventions based around four initiatives: payment system with
right scale and size; regular financial services at right scale and size; partnership with new differential players; and
research and Innovation.
