"Empowering Financial Inclusion Through Digitalization"

Authors

  • Shama Rani Assistant Professor of Commerce Pt. Chiranji Lal Sharma Government College, Karnal

Keywords:

Financial Inclusion, Digitalisation, Reserve Bank of India, Government of India

Abstract

The financial sector is the backbone of economic expansion and has a significant impact on how a nation's economy evolves. The recognition and proactive support for financial inclusion by both the Reserve Bank of India (RBI) and the Indian government mark a pivotal milestone in the country's economic evolution. They are working together to promote financial inclusion as part of a concerted effort to close the socioeconomic gap in the country. The purpose of the current study is to analyse how digitalization affects financial inclusion in an economy. The Reserve Bank of India and the Indian government's official releases serve as the exclusive source of primary data for this study. This study discovered a strong link between digitalization and financial inclusion in the Indian economy. Significant components that are directly linked to efficient economic digitalization were also found.
Keywords: Financial Inclusion; Digitalisation; Reserve Bank of India; Government of India; World Bank.

References

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Published

30-09-2023

How to Cite

Shama Rani. (2023). "Empowering Financial Inclusion Through Digitalization". International Journal for Research Publication and Seminar, 14(4), 185–191. Retrieved from https://jrps.shodhsagar.com/index.php/j/article/view/440