Digital Financial Literacy and It's Impact on Financial Decision -Making of Women Evidence From India

This paper examines the connection between digital financial literacy and financial decision-making abilities of female in India. This study will utilize secondary data on scholarly publications, government reports, and development agencies regarding the most notable trends and challenges in the areas of women involvement in digital finance along with the impact of the same. The findings are that though women are getting a higher level of exposure to mobile-based financial assistance aids like banking apps and unified payments interfaces, a notable percentage of them has remained unexposed to the digital world, especially in rural and marginalized groups. It is also seen that the more digitally literate a woman is, the more financially independent she will be and those who have less digital literacy skills will be at the mercy of others when it comes to money matters. In addition, challenges, like poor access to technology, digital deficiency, and sociocultural requirements, still impede the digital inclusion of people with little access to digital financial services.