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January 1, 2025Asian Journal of Multidimensional Research

Exploring the Role of Financial Literacy in Enhancing Financial Inclusion Across Demographic Groups

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Authors

NBNandkumar Baburao Bodhgire

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Overview

Analysis reveals financial literacy enhances engagement with financial services in diverse demographic groups, suggesting targeted education is key.

Key Points

  • Enhanced financial literacy improves access to financial services, fostering economic stability in communities.
  • Data from structured interviews with 260 individuals showed significant relationships between financial knowledge and banking habits.
  • Assessment of financial literacy included several factors, such as investment shares and awareness of insurance products.
  • Results highlight the critical need for tailored education programs targeting underrepresented populations for effective financial engagement.

Cite This Study

Nandkumar Baburao Bodhgire (2025) studied this question.

synapsesocial.com/papers/68af2eeacf1dd9ea359e69e9https://doi.org/10.5958/2278-4853.2025.00005.3
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Also Consider

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  5. 5Synergy of Financial Literacy and Financial Inclusion in Nepal2025