The Aid of Banking Sectors in Supporting Financial Inclusion - An Implementation Perspective from Tamil Nadu State, India

This paper surveys an analyzes the issues pertaining to implementation of financial inclusion in economically down trodden districts of Tamil Nadu, India. Data collected from districts were collected and analyzed using SPSS tools (SPSS 2011). The outcome of analysis was verified against standard FI metrics such as Human Performance Index which suggests that the phenomenon of Financial Inclusion undertaken by RBI regulations had still not penetrated into lives of BPL (NABARD 2009). It had been suggested that though over the past six years the FI strategy had improved the life style of BPL, but missing focus on savings and credit improvement strategies degrades the benefits of FI. The paper suggests on design of new strategies for improving FI as well popularize among BPL vulnerable groups. Keywords: Financial Inclusion, RBI schemes, FI metrics, Saving