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PROBLEMS AND CHALLENGES OF INDIAN POST IN FINANCIAL INCLUSION

M. Mala; Dr. G. Vasanthi

Financial inclusion means connecting all individuals, who are in the remote rural areas, to a well-functioning financial system. During post liberalization period the Indian post offices are providing banking services to the all section of people of the society since 1882. Indian post served Indian villagers as banker much before financial inclusion become buzzword and Indian post claims to be the pioneer of financial inclusion in India. The paper aims to focus on utilizing the India Post Office making it more efficient and user friendly for the interest of the rural population as well as the formal sector. Through this paper an attempt has been made to study the problems and challenges faced by the Indian Post in Financial Inclusion.

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