• Dr Pooja Bhagwan

The modern world is conquered by the concept called “Digitalization”. The GOI recently proclaimed Digital India Programme with an image to convert India into a digitally empowered society and knowledge economy. The notion of digitalization has been playing key role in all sectors of the economy. Digitalization has become a key concept for Indian financial institutions as it plays foremost role in enhancing financial by providing better services to customers with an opportunity to gain more upcoming future. Indian financial system is accomplishing huge growth, inspiring higher volume of capital formation, due to digitalization of financial services. As Indian financial system is heading towards digitalization, it is open to lot of issues and challenges which needs to be taken care off, particularly in rural banking. This theoretical research paper is an effort made to examine the issues and challenges in the area of digitalization of financial services and its immediate effect on financial inclusion.

Digitalization, financial literacy, financial inclusion, growth issues

"Fintech is not only an enabler but the driving engine: Its effect on financial inclusion and financial sector development", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 1, page no.f395-f401, January-2024, Available :http://www.jetir.org/papers/JETIR2401546.pdf

"Fintech is not only an enabler but the driving engine: Its effect on financial inclusion and financial sector development", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 1, page no. ppf395-f401, January-2024, Available at : http://www.jetir.org/papers/JETIR2401546.pdf