• Dr. Awadhesh Kumar Tiwari
• Komal Rathi

Digital technologies are swiftly permeating various aspects of human existence, and the microfinance sector is no exception to this trend. The continuous advancements in digital technology are playing a significant role in transforming the operational models, governance structures, risk landscape, industry networks, and prevailing practices within the microfinance domain. Emphasising the importance of innovation and seamless integration of digital technology, these factors hold the potential to drive development by fostering innovation, enhancing operational efficiency, and facilitating greater inclusivity. This study deals into the historical significance of these mechanisms—innovation, inclusion, and efficiency—in the realm of microfinance and examines how the advent of digital technology innovations presents yet another avenue for microfinance institutions to foster development. By drawing upon examples from the Indian microfinance industry, we explore the transformative impact of digital technology changes on the microfinance landscape.

Digital innovation, Digital technologies, Microfinance, Innovation

"Role of Digital Technologies in India's Microfinance Sector to promote Innovation, Efficiency and Inclusivity", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.12, Issue 3, page no.a816-a833, March-2025, Available :http://www.jetir.org/papers/JETIR2503100.pdf

"Role of Digital Technologies in India's Microfinance Sector to promote Innovation, Efficiency and Inclusivity", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.12, Issue 3, page no. ppa816-a833, March-2025, Available at : http://www.jetir.org/papers/JETIR2503100.pdf