A Literature Review on Impact of Digitalization on Indian Rural Banking System and Rural Economy

Vol-3 | Issue-11 | November 2018 | Published Online: 10 November 2018    PDF ( 167 KB )
DOI: https://doi.org/10.5281/zenodo.1488104
Author(s)
Ipsita Paria 1; Dr. Arunangshu Giri 2

1Deputy Manager, H.D.F.C Bank Limited, Haldia, West Bengal (India)

2Associate Professor, Haldia Institute of Technology, Haldia, West Bengal (India)

Abstract

The main objective of this paper is to review and summarize various studies which were made by different researcher of different location across India on the Impact of digitalization on rural banking system of India. The impact includes the awareness about banking system among rural people, their perception towards banking system and how this digitalization in banking improves the rural life. Indian Government took a mission to transform society and make a new digitalized society. Digitalization is having an impact on Indian economy and as well as rural banking sector. The main focus of this review paper is to analyze the studies and outcomes of researches done by different researcher on how digitally empowered economy make impacts on rural banking system and as well as rural economy of India.

Keywords
Digitalization, Perception on Digital Banking, Banking Awareness, Rural Banking Development
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