Digitization for Financial Inclusion and Sustainability

This study examines the crucial role of digital banking in advancing financial inclusion in India and globally, with a focus on enhancing access to financial services for underserved communities. Utilizing data from the SCOPUS database, it reviews literature on the evolution, challenges, and impacts of digital banking initiatives, on sustainability emphasizing the collaborative efforts of governments and central banks such as the Reserve Bank of India. The paper highlights the key technological advancements and policy frameworks that have significantly contributed to the promotion of digital banking, with the goal of incorporating a broader portion of the populace into the formal financial system. Employing bibliometric analysis, it also performs thematic and factorial examinations of the digital banking sector.