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The Future of the Indian Financial System

Sanjay Taneja ^a

Neha Bansal ^b

Ercan Özen ^c

^{^a}Graphic Era deemed to be University, India

^{^b}Chandigarh University, India

^{^c}University of Usak, Turkey

Finance Analytics in Business

ISBN: 978-1-83753-573-6, eISBN: 978-1-83753-572-9

Publication date: 17 June 2024

Abstract

Purpose

In the last 10 years, the global financial services industry has significantly benefited from fintech. As the Indian entrepreneurial ecosystem continues to change, more fintech-use case-driven firms are created, and more investors are supporting these enterprises. India is acknowledged as a powerful fintech centre internationally.

Need of the Study

The goal of the current research is to comprehend the revolutionary landscape of the Indian financial system.

Methodology: The research methodology entails a thorough review of several research papers and government reports better to understand fintech's role in the Indian financial system. This requires examining the trends, regulations and technical breakthroughs driving the fintech ecosystem to present a comprehensive picture of its influence.

Finding

The present chapter indicates that the fintech industry is flourishing in India. Over the following years, technological improvements will fuel the market's continuous expansion and change how financial products and services are produced, distributed and used.

Keywords

Citation

Taneja, S., Bansal, N. and Özen, E. (2024), "The Future of the Indian Financial System", Taneja, S., Kumar, P., Sood, K., Özen, E. and Grima, S. (Ed.) Finance Analytics in Business (Emerald Studies in Finance, Insurance, and Risk Management), Emerald Publishing Limited, Leeds, pp. 125-143. https://doi.org/10.1108/978-1-83753-572-920241006

Publisher

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Emerald Publishing Limited