ABSTRACT
As the economy matures, it is important for the government to ensure that growth becomes more inclusive. An inclusive financial system facilitates efficient allocation of productive resources and thus can potentially reduce the cost of capital. In addition, use of proper financial services can significantly improve the day to-day management of finances. Financial inclusion ensures delivery of banking services and credit at affordable cost to the various sections of disadvantaged and low income groups.The paper primarily looked to find out the extent and spread of financial inclusion in India. Since the study is based on macro level parameters such as number of bank branches and number of Automated Teller Machines (ATMs) and availing of banking services by Indians, the secondary data readily available from database of Reserve Bank of India (RBI), National Sample Survey Organization (NSSO),World Bank & other establishments of Indian government were used.We noted that financial exclusion in terms of access to credit from formal institutions is high for small and marginal farmers and some social groups. Driving away rural and urban poverty in India can help in achieving inclusive growth. Financial institutions and government together can bring the most awaited change of almost 100% inclusion.