he objective of financial inclusion is mainly to provide finance on easy terms to the vulnerable and weaker sections of the society to facilitate investment and economic growth in the country. Financial inclusion (FI) enables improved and better social development, in an equitable manner across the country. It enables empowerment of the under-privileged and poor, including women, with the mission of making them self-sufficient and well informed to take better financial decisions. The objective of financial inclusion is to ensure universal access to a wide range of financial services like savings and payment account, credit insurance and pensions. Further, financial inclusion also aims to provide services for business opportunities, education, savings for retirement and insurance against risks including emergency loans. Thus, the main target of financial inclusion is better standards of living and income for a larger number of residents in the country. The attempt to expand access to the formal financial sector of which financial inclusion is a part is a continuous process. The Government as well as Reserve Bank of India (RBI) has been undertaking concerted measures to extend financial inclusion since independence. The earlier measures were not yielding the desired results. However, in recent months, the Government of India reviewed the policy to ensure that financial inclusion, in a limited sense of opening of bank accounts, is successful. The Pradhan Mantri Jan Dhan Yojana (PMJDY) has yielded results and nearly 98 per cent of households in India now have bank accounts. Cumulatively, these programmes are transforming India and altering the socio-economic landscape despite their varied impact.