Financial Inclusion As A Result Of The Digital India Initiative

Document Type : Primary Research paper

Authors

1 Principal I/c Vishwa Vishwani School of Business, Thumkunta, Hyderabad-500078, Telangana State

2 MBA, MPhil(Ph.D),Asst. Professor, Prakasam Engineering College,kandukuru-523105,Andhra Pradesh

3 Director, IMBA, Vishwa Vishwani School of Business, Thumkunta, Hyderabad-500078, Telangana State

4 Vishwa Vishwani School of Business, Thumkunta, Hyderabad-500078, Telangana State

Abstract

Digital India, the new mantra brought tremendous swift into the banking practices paved a new way to financial inclusion in India. The unprivileged sanctions of the society can now utilize different types of banking services and overcome from economical drawbacks. Digital India a new system has become one stop solution for many economical stumbling blacks in the society. This paper research the impact of virtual India initiative at the idea of monetary inclusion. Digital India acts as a panacea to all administrative problems and helps to accomplish the desired financial inclusion. The facts and figures of both RBI and GOI have contributed in writing this research paper.

Keywords