In 2017, about 80 percent Indians surveyed owned bank accounts. This was a significant change from only 35 percent in 2011. This growth was primarily due to the financial inclusion of marginalized groups within the country - from women, to the out-of-labor force, less educated and the poor.
Share of adults owning an account at a financial institution in India from 2011 to 2017
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World Bank, & BIS. (May 9, 2018). Share of adults owning an account at a financial institution in India from 2011 to 2017 [Graph]. In Statista. Retrieved April 13, 2021, from https://www.statista.com/statistics/942795/india-financial-institution-account-ownership-rate/
World Bank, und BIS. "Share of adults owning an account at a financial institution in India from 2011 to 2017." Chart. May 9, 2018. Statista. Accessed April 13, 2021. https://www.statista.com/statistics/942795/india-financial-institution-account-ownership-rate/
World Bank, BIS. (2018). Share of adults owning an account at a financial institution in India from 2011 to 2017. Statista. Statista Inc.. Accessed: April 13, 2021. https://www.statista.com/statistics/942795/india-financial-institution-account-ownership-rate/
World Bank, and BIS. "Share of Adults Owning An Account at a Financial Institution in India from 2011 to 2017." Statista, Statista Inc., 9 May 2018, https://www.statista.com/statistics/942795/india-financial-institution-account-ownership-rate/
World Bank & BIS, Share of adults owning an account at a financial institution in India from 2011 to 2017 Statista, https://www.statista.com/statistics/942795/india-financial-institution-account-ownership-rate/ (last visited April 13, 2021)