UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 11 Issue 1
January-2024
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2401546


Registration ID:
531817

Page Number

f395-f401

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Title

Fintech is not only an enabler but the driving engine: Its effect on financial inclusion and financial sector development

Abstract

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.

Key Words

Digitalization, financial literacy, financial inclusion, growth issues

Cite This Article

"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

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"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

Publication Details

Published Paper ID: JETIR2401546
Registration ID: 531817
Published In: Volume 11 | Issue 1 | Year January-2024
DOI (Digital Object Identifier):
Page No: f395-f401
Country: chandigarh, Chandigarh, India .
Area: Commerce
ISSN Number: 2349-5162
Publisher: IJ Publication


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