Any government’s objective for equitable and sustainable economic development is financial inclusion. Financial literacy and financial inclusion are two sides of the same coin. Financial literacy is required for financial inclusion and poverty alleviation to be successful. Because of the evolution of the economy and financial markets, financial education or financial literacy has become more important in recent years. Financial literacy levels around the world are unacceptably low, according to studies. In comparison to industrialized countries, developing countries have a far lower financial literacy rate. People find it challenging to make confident decisions on personal economic difficulties, and they frequently make mistakes. In India, as well, financial literacy is extremely low. With this backdrop in mind, the current study attempts to examine slum residents’ overall financial awareness in Bangalore. Add a sentence or two about the findings.
Author (s) Details
Amity University, Noida, India.
Adarsh Institute of Management & Information Technology, India.
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