Innovations of Digitalisation of Indian Financial Sector

Abstract The financial sector has witnessed one of the most significant evolutions and continues to grow and expand. One of the biggest changing factors for the banking sector was the pandemic .With the lockdown enforcement, people started moving more towards digital banking for their financial needs. While digitization has been integrated into this sector for some time, it was only during the pandemic that people had to actually take the time to understand its benefits and make the most of these services Digital technology has enabled banks to offer a wide range of financial services to customers through online platforms, mobile apps, and other digital channels, allowing customers to understand the many benefits being offered and choose between different plans and packages.