IJFANS International Journal of Food and Nutritional Sciences

ISSN PRINT 2319 1775 Online 2320-7876

A of Innovative Digital Services In Indian Banking

Main Article Content

Dr. D. V. Ingle

Abstract

Invention and knowledge have smoothened the way of financial services. Indian financial services benefactors have prudently implemented knowledge to supply facilities to increase working competence in the growing market. Traditional monetary facilities benefactors have accepted digital services as a unfailing mode to grow the financial business. Financial skill institutions are adapting the role of digital knowledges to line up novel occupation and aim new market. RBI is allowing the incident of invention in digital financial facilities sector to multiply the reach of monetary facilities for unbanked people. Invention in electronic financial services is the vision for application of expertise to supply new financial product and services in an economical mode. Innovation in digital financial services is increasingly appealing to the stakeholders in India’s financial services. Insurance suppliers are pure player in digital economic facilities suppliers. There’s need to create understanding among the users in rural and semi-urban areas regarding the essentials of digital finance facilities. Emerging technologies, wide practice of internet, cheap data and mobile expertise became the drivers of inventions in business services.

Article Details