An Application of Fintech is Revolutionary in Indian Banking Sector: W.R.T. to HDFC Bank

The financial technology (Fintech) is reshaping the world banking landscape so on India is no exception of this. This study explores the revolutionary impact of these financial technology on banking sector of India especially focus on the leading private bank of India is Housing Development Finance Corporation (HDFC) bank. This paper is started with the introduction of Fintech in banking sector how these advanced technologies such as big data analytics, mobile banking, digital payments system has been taken place of traditional banking system of India. This paper also explores the rise of fintech in banking sector such as faster payment, financial inclusion, blockchain integration. Additionally, this paper delves into how HDFC bank got revolutionary impact of these technology on its system and improve their growth level and enhanced customer experienced. This study also includes the key innovations of fintech such as: Robo advisor, Digital lending, payments and Regtech. This transformation of technology not only improve the experience of customer even make good positions of Indian banks like HDFC at forefront of global banking innovation.