Impact Of Fin Tech On Financial Inclusion In India During The Digital Economy Era.

In recent years, there have been major improvements in financial inclusion in India, marked by rising account holders. At the same time, financial technology has started to revolutionize the banking sector by introducing more efficient and easier to use models of service delivery. This has helped to transform the way financial services are used by the emergence of digital consumers. Consumers are now using mobile applications for doing transactions such as payments, money transfer, loans, crowdfunding and investments. This has contributed to the expansion of digital markets, new types of services and jobs. Fintech is also being embraced by banks to remain relevant. In the Indian scenario, the growth of fintech and financial inclusion is important for economic growth as they improve efficiency and reduce structural bottlenecks. Increasing access to financial services is also in line with the government\\\'s welfare agenda, particularly that of reaching out to economically disadvantaged groups. Fintech-based services are, in general, important for inclusive development through better access to formal financial services. The study seeks to explore the effect of financial technology and digital financial services on financial inclusion in India.