| Autor: |
N. R., Suryanarayana, Ayesha, Noor, G. R., Deepika, H., Srividya, Gurusamy, M. |
| Předmět: |
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| Zdroj: |
Library of Progress-Library Science, Information Technology & Computer; Jul-Dec2024, Vol. 44 Issue 3, p18872-18887, 16p |
| Abstrakt: |
Despite opening of bank accounts in millions, financial inclusion is a dilemma across emerging markets including India where large chunk of population still do not enjoy access to formal financing. In this paper, we attempt to answer these questions by exploring the impact of financial technology (fintech) on increasing the penetration and reach in different demographic section as well as across geography within India. Through a mixed-methods research approach, the study gathered primary data covering 200 respondents through structured surveys supplemented by secondary sources derived from fintech reports and academic literature. The relationship between the fintech literacy, demographic factors and financial inclusion was tested using statistical tools like Chi-Square, Correlation, Regression analysis. From the results, there is a statistically significant positive relationship of fintech literacy to an increase in financial inclusion through enhancement of access to financial services especially among the undeserved populace. More fintech adoption was seen with the young and affluent, while for those in rural areas or less income-ready Platform Financial literacy lacks infrastructure and doubt Are a limiting factor. The study recommends that digital literacy intervention, augmentation of rural fintech infrastructure and affordable fintech solutions may help bridging the financial inclusion gap. Progress toward financial inclusion goals can be achieved by boosting adoption of fintech services, especially in rural and lowincome regions where hundreds of millions still remain outside the loop with few formal opportunities to earn or save. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
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