Published Paper Details:

This article makes an effort to examine the role of SHGs in financial literacy in West Singhbhum, Jharkhand. For many nations, increasing access to financial services is a pressing social and economic need. Commercial banks in India are primarily responsible for achie ving financial inclusion within the parameters set by the Reserve Bank of India (RBI). However, commercial banks have been enlisting the help of other social and financial entities like co-operative banks, RRBs, SHGs, joint liability groups, and other NBFCs due to the enormous size and diversity of the population. Due to the country's low literacy rate and the large amount of its population that continues to live outside the official financial system, financial education in India is becoming more important. This study aims to provide a glimpse of the current state of financial literacy in India by using many polls and the many financial education programs launched in India.