• Dr. Priyanka Wandhe
• Ms. Pratiksha Taiwade
• Ms. Aditi Tambe
• Ms. Ayesha Shaikh
• Ms. Sweety Mahure

In recent years, digital banking and fintech innovations have become pivotal forces in promoting financial inclusion in India. The country, with its large and diverse population, has faced significant barriers to ensuring universal access to financial services, especially in rural and underserved areas. Digital banking solutions, supported by cutting-edge fintech innovations, have provided transformative pathways to overcome these challenges. This paper delves into the various ways digital banking and fintech innovations are driving financial inclusion in India, focusing on technological advancements, regulatory initiatives, and emerging business models. It explores the role of government policies, digital infrastructure, and the expanding fintech ecosystem in improving access to financial services for India's unbanked and underbanked populations. Furthermore, it investigates the associated challenges and potential future directions for India’s pursuit of a fully inclusive financial system.

Digital Banking, Financial Inclusion, Fintech Innovations, Aadhaar, Unified Payments Interface (UPI), Mobile Payments, Microfinance, Digital Wallets, Agent Banking, Regulatory Framework.

"The Role of Digital Banking and Fintech Innovations in Advancing Financial Inclusion in India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.12, Issue 1, page no.a822-a827, January-2025, Available :http://www.jetir.org/papers/JETIR2501103.pdf

"The Role of Digital Banking and Fintech Innovations in Advancing Financial Inclusion in India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.12, Issue 1, page no. ppa822-a827, January-2025, Available at : http://www.jetir.org/papers/JETIR2501103.pdf