BENEFITS AND KEY CHALLENGES IN PRACTICING IN FINANCIAL INCLUSION- A STUDY OF INDIAN POST PAYMENT BANKS IN BUNDELKHAND REGION

Abstract

Lack of awareness towards financial inclusion is one of the biggest problem in India. For solving this problem RBI an government on Indian has took number of initiative after 2014. Indian post payment banks is one of the best solution to spread the financial inclusion specially in rural and non urban areas. Lack of awareness is one of biggest challenge in front of Indian post payment bank , because a lot of people are unaware towards IPPB they are also unable to take the benefits which are provided by IPPB. In this study author take a sample size of 400 rural area people in Bundelkhand Region to get the know about the benefits and challenges in practicing services of IPPB. As the result we can say that lack of awareness and lack of technical knowledge among rural area people is the key challenges and doorstep banking, number of branches across the country is the key benefits in practicing in IPPB.