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Published in:
2024 | OriginalPaper | Chapter
12. Financial Inclusion: Initiatives and Challenges in the BRICS Countries
Authors : Debdutta Choudhury, Apoorva Vaishnavi Bhattaram, D. Priya Dhatri, Roshan Bhut
Published in: Financial Inclusion
Publisher: Springer Nature Switzerland
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Abstract
Financial inclusion is one of the key initiatives taken by policymakers in the Global South to include the section of the population in the mainstream banking and financial system. The initiatives taken by Brazil, Russia, India, China, and South Africa to bring their population into the mainstream financial system can be taken as case studies by the rest of the world as models for financial inclusion. This chapter highlights the initiatives and the results of the various policies across five significant economies, the BRICS countries.
