The Role of Fintech in Advancing Financial Inclusion: A Key Driver for India's Self-Reliance

Financial inclusion has emerged as a critical driver of economic growth and poverty alleviation indeveloping economies. In India, the advent of Financial Technology (FinTech) has revolutionized thefinancial landscape, offering innovative solutions to bridge the gap between traditional bankingsystems and underserved populations. This paper explores the impact of FinTech on financial inclusionin India, with a focus on its role in fostering a self-reliant economy. Using secondary data and a reviewof existing literature, the study highlights the transformative potential of FinTech in enhancing accessto financial services, reducing inequality, and promoting economic empowerment.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2025-06-20
DOI
https://doi.org/10.5281/zenodo.15823815
Primary Topic
Advancements in Semiconductor Devices and Circuit Design
Type
article
Field-Weighted Citation Impact
0.00
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article

The Role of Fintech in Advancing Financial Inclusion: A Key Driver for India's Self-Reliance

Zenodo (CERN European Organization for Nuclear Research)
Advancements in Semiconductor Devices and Circuit Design
article

The Role of Fintech in Advancing Financial Inclusion: A Key Driver for India's Self-Reliance

article en

Abstract

Financial inclusion has emerged as a critical driver of economic growth and poverty alleviation indeveloping economies. In India, the advent of Financial Technology (FinTech) has revolutionized thefinancial landscape, offering innovative solutions to bridge the gap between traditional bankingsystems and underserved populations. This paper explores the impact of FinTech on financial inclusionin India, with a focus on its role in fostering a self-reliant economy. Using secondary data and a reviewof existing literature, the study highlights the transformative potential of FinTech in enhancing accessto financial services, reducing inequality, and promoting economic empowerment.

Zenodo (CERN European Organization for Nuclear Research)
Government Medical College (IN)
Reduced inequalities
Openalex Percentile: Top 57%
Advancements in Semiconductor Devices and Circuit Design
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