Advanced International Journal for Research

E-ISSN: 3048-7641   •   Impact Factor: 9.11

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 7, Issue 4 (July-August 2026) Submit your research before last 3 days of August to publish your research paper in the issue of July-August.
Submit Research Paper Join as a Reviewer

Plagiarism is checked by the leading plagiarism checker TurnItIn

Call for Paper

Volume 7 Issue 4
July-August 2026

Submit your research paper

Indexing Partners
Academia Advanced Sciences Index Bielefeld Academic Search Engine CiteSeer DRJI Google Scholar Independent Search Engine & Directory Network ISI (International Scientific Indexing) Issuu Mendeley Research Networks
RefSeek ResearcherId - Thomson Reuters ResearchGate Scirus Scribd Semantic Scholar Wiki for Call for Papers WorldCat Zenodo

Impact of Prestidigitation in Banking Sector to Bring Resilience in Indian Economy

Author(s) Dr. Shiva Manoj, Dr. Anshu Dixit
Country India
Abstract The Indian banking sector has witnessed an unprecedented transformation over the past decade, driven by rapid digitalization that has reshaped the way financial services are delivered, consumed, and regulated. This research paper examines the multifaceted impact of digitalization in India's banking sector and its consequential role in building economic resilience. Drawing on secondary data, policy documents, Reserve Bank of India (RBI) reports, and empirical studies, the paper analyses key digital initiatives including the Unified Payments Interface (UPI), Jan Dhan Yojana, digital lending platforms, FinTech collaborations, and the India Stack architecture. The study further evaluates how these digital interventions have contributed to financial inclusion, enhanced credit access, improved monetary policy transmission, reduced systemic risks, and strengthened the banking system's capacity to absorb economic shocks. The paper also identifies persistent challenges such as cyber security threats, digital literacy gaps, rural infrastructure deficiencies, and data privacy concerns. The findings suggest that while digitalization has significantly bolstered the resilience of India's economy, a coordinated policy framework integrating regulatory oversight, inclusive digital infrastructure, and capacity building is essential to sustain and deepen these gains.
Keywords Digitalization, Indian Banking Sector, Economic Resilience, Financial Inclusion, UPI, FinTech, Digital Payments, RBI, Financial Stability
Field Business Administration
Published In Volume 7, Issue 4, July-August 2026
Published On 2026-08-08
View / Download PDF File

Share this



E-ISSN 3048-7641
CrossRef

CrossRef DOI is assigned to each research paper published in our journal.

AIJFR DOI prefix is
10.63363/aijfr

Downloads
Research Paper Format Copyright Permission Form and Undertaking Form Cover Page Vol 7 Isu 4Cover Page Vol 7 Isu 3Cover Page Vol 7 Isu 2

All research papers published on this website are licensed under Creative Commons Attribution-ShareAlike 4.0 International License, and all rights belong to their respective authors/researchers.

CC-BY-SA Open Access

About AIJFR
Fees & Payment
Current Issue
Publication Archive 		Submit Research Paper
Track Submission Status
Publication Guidelines
Publication Ethics
Peer Review & Plagiarism 		Join as a Reviewer
Editors & Reviewers
Reviewer Referral Program
Get Reviewer Membership Certi. 		Website/Journal Policies
Usage Policy
Content Policies
Privacy Policy
Contact Us +91-9898-79-39-59 editor@aijfr.com