Introduction India’s financial ecosystem has undergone significant transformation over the past decade, driven by digital payments, fintech innovations, and evolving consumer behavior. Among the latest trends reshaping retail finance is Buy Now Pay Later (BNPL), a payment solution that allows consumers to purchase goods and services immediately while deferring payment over a short-term period, often…
Introduction The financial landscape of India is evolving rapidly with the advent of digital technologies, fintech innovations, and the widespread adoption of digital payments. One of the most significant developments in this trajectory is the emergence of Central Bank Digital Currency (CBDC). A CBDC is a digital form of a country’s fiat currency issued and…
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 Financial inclusion has emerged as a cornerstone of equitable economic development in the 21st century. It refers to the process of ensuring access to appropriate financial products and services—such as savings accounts, credit, insurance, pensions, and digital payments—to all sections of society, particularly the underprivileged and marginalized. In a country like India, with its…
Introduction In the digital era, governments worldwide are leveraging technology to enhance public service delivery. India, in particular, has taken significant steps in e-governance by launching numerous mobile applications to improve transparency, accessibility, and efficiency in various sectors. These apps cater to diverse needs such as governance, finance, education, healthcare, agriculture, transport, employment, and more….