Introduction India, the world’s largest democracy, is undergoing a rapid digital revolution. The launch of the Digital India programme in July 2015 marked a decisive step towards transforming India into a digitally empowered society and a knowledge-driven economy. One of the most remarkable areas where this initiative has had a transformative impact is the financial…
Introduction India’s banking sector is undergoing a profound transformation, driven by digital innovation and financial technology. Traditional banking models, characterized by physical branches, paper-based transactions, and limited hours of operation, are gradually giving way to digital-first solutions. This shift has been accelerated by increasing smartphone penetration, affordable internet access, government initiatives like Digital India, and…
Introduction In the context of global economic development, financial inclusion refers to the process of ensuring that individuals and businesses, regardless of their financial status, have access to useful and affordable financial products and services. These include payments, credit, insurance, and savings that are delivered in a responsible and sustainable manner. In India, financial inclusion…